Salem Investment Counselors Inc. decreased its position in shares of Millrose Properties, Inc. (NYSE:MRP - Free Report) by 12.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,562 shares of the company's stock after selling 9,081 shares during the period. Salem Investment Counselors Inc.'s holdings in Millrose Properties were worth $1,841,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. CENTRAL TRUST Co purchased a new stake in Millrose Properties during the first quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Millrose Properties during the first quarter valued at approximately $27,000. Summit Securities Group LLC purchased a new stake in Millrose Properties during the first quarter valued at approximately $28,000. William B. Walkup & Associates Inc. purchased a new stake in Millrose Properties during the first quarter valued at approximately $29,000. Finally, Assetmark Inc. acquired a new position in Millrose Properties during the 1st quarter valued at approximately $34,000.
Millrose Properties Trading Down 0.6%
Shares of Millrose Properties stock opened at $34.63 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.06 and a current ratio of 0.06. Millrose Properties, Inc. has a 12-month low of $19.00 and a 12-month high of $36.00. The firm's 50 day simple moving average is $32.12 and its two-hundred day simple moving average is $27.97.
Millrose Properties (NYSE:MRP - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter. The company had revenue of $149.00 million for the quarter.
Millrose Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Thursday, July 3rd were paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 8.0%.
Millrose Properties Company Profile
(
Free Report)
Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Millrose Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Millrose Properties wasn't on the list.
While Millrose Properties currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
