Swedbank AB Makes New $1.97 Million Investment in Millrose Properties, Inc. $MRP

Key Points

• Swedbank AB acquired a new stake in Millrose Properties, Inc., purchasing 74,353 shares valued at approximately $1,971,000 during the first quarter.
• Several other institutional investors, including Yousif Capital Management and Pacific Heights Asset Management, have also made significant investments in Millrose Properties during the same period.
• The company's stock performance shows a current price of $35.13, with a fifty-two week high of $36.00 and a low of $19.00.

Swedbank AB acquired a new stake in shares of Millrose Properties, Inc. (NYSE:MRP - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 74,353 shares of the company's stock, valued at approximately $1,971,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co bought a new position in Millrose Properties during the first quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Millrose Properties in the 1st quarter valued at $27,000. Summit Securities Group LLC acquired a new stake in shares of Millrose Properties in the 1st quarter valued at about $28,000. William B. Walkup & Associates Inc. bought a new position in shares of Millrose Properties in the 1st quarter valued at about $29,000. Finally, Assetmark Inc. acquired a new stake in Millrose Properties during the first quarter worth approximately $34,000.

Millrose Properties Trading Down 0.9%

MRP traded down $0.32 during trading on Friday, hitting $34.31. 3,023,724 shares of the stock traded hands, compared to its average volume of 1,030,610. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.17. Millrose Properties, Inc. has a twelve month low of $19.00 and a twelve month high of $36.00. The business has a 50 day moving average price of $32.69 and a 200 day moving average price of $28.35.

Millrose Properties (NYSE:MRP - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter. The business had revenue of $149.00 million during the quarter.

Millrose Properties Profile

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.