Swiss National Bank acquired a new stake in Millrose Properties, Inc. (NYSE:MRP - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 227,286 shares of the company's stock, valued at approximately $6,025,000. Swiss National Bank owned approximately 0.14% of Millrose Properties at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MRP. CENTRAL TRUST Co acquired a new stake in Millrose Properties during the 1st quarter worth $27,000. Allworth Financial LP acquired a new stake in Millrose Properties during the 1st quarter worth $33,000. Assetmark Inc. acquired a new stake in Millrose Properties during the 1st quarter worth $34,000. Golden State Wealth Management LLC acquired a new stake in Millrose Properties during the 1st quarter worth $37,000. Finally, Advisors Preferred LLC acquired a new stake in Millrose Properties during the 1st quarter worth $43,000.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group lifted their price target on shares of Millrose Properties from $28.00 to $31.50 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $30.75.
Get Our Latest Research Report on Millrose Properties
Millrose Properties Trading Up 2.5%
Millrose Properties stock traded up $0.82 during midday trading on Friday, hitting $34.16. 172,089 shares of the company's stock were exchanged, compared to its average volume of 2,006,442. Millrose Properties, Inc. has a 12-month low of $19.00 and a 12-month high of $34.17. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.06 and a current ratio of 0.06. The business has a 50 day moving average price of $30.01.
Millrose Properties (NYSE:MRP - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter. The business had revenue of $149.00 million for the quarter.
Millrose Properties Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Thursday, July 3rd were issued a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 8.1%.
About Millrose Properties
(
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.
Further Reading
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