Millrose Properties, Inc. $MRP Holdings Decreased by Principal Financial Group Inc.

Posted by Brian Himes on Jul 20th, 2026

Principal Financial Group Inc. trimmed its holdings in shares of Millrose Properties, Inc. (NYSE:MRP – Free Report) by 45.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,044,095 shares of the company’s stock after selling 884,761 shares during the period. Principal Financial Group Inc.’s holdings in Millrose Properties were worth $29,235,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in Millrose Properties during the 4th quarter worth about $29,000. Root Financial Partners LLC increased its holdings in shares of Millrose Properties by 3,090.6% in the 4th quarter. Root Financial Partners LLC now owns 1,021 shares of the company’s stock valued at $30,000 after purchasing an additional 989 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of Millrose Properties in the first quarter worth approximately $39,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Millrose Properties by 984.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,323 shares of the company’s stock worth $44,000 after purchasing an additional 1,201 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Millrose Properties by 33.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,503 shares of the company’s stock worth $45,000 after purchasing an additional 380 shares during the period.

Millrose Properties Stock Up 0.1%

MRP opened at $29.44 on Monday. Millrose Properties, Inc. has a fifty-two week low of $26.30 and a fifty-two week high of $36.00. The business has a 50-day moving average of $28.46 and a 200-day moving average of $29.45. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.34 and a quick ratio of 0.34. The company has a market capitalization of $4.54 billion, a PE ratio of 10.55 and a beta of 0.34.

Millrose Properties (NYSE:MRP – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.03). The firm had revenue of $194.93 million during the quarter. Millrose Properties had a net margin of 64.96% and a return on equity of 7.90%. Millrose Properties’s revenue was up 135.7% on a year-over-year basis.

Millrose Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, July 6th were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 10.5%. This is a boost from Millrose Properties’s previous quarterly dividend of $0.76. The ex-dividend date was Monday, July 6th. Millrose Properties’s dividend payout ratio is presently 110.39%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MRP shares. Weiss Ratings downgraded shares of Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen downgraded shares of Millrose Properties from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $37.67.

View Our Latest Research Report on MRP

Insider Activity at Millrose Properties

In other Millrose Properties news, Director Matthew B. Gorson purchased 4,500 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $26.96 per share, for a total transaction of $121,320.00. Following the acquisition, the director owned 35,750 shares of the company’s stock, valued at $963,820. This trade represents a 14.40% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Darren Richman purchased 40,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of $27.31 per share, for a total transaction of $1,092,400.00. Following the acquisition, the insider directly owned 84,000 shares in the company, valued at $2,294,040. This represents a 90.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 240,532 shares of company stock valued at $6,567,048 over the last three months. Insiders own 0.23% of the company’s stock.

Millrose Properties Company Profile

(Free Report)

Millrose Properties Corp is a publicly traded real estate investment trust that focuses on the acquisition, ownership and development of industrial and logistics properties. The company seeks to capitalize on the growing demand for modern warehouse facilities driven by e-commerce, freight distribution and last-mile delivery requirements. Millrose structures its investments to generate stable, long-term rental income through diversified lease agreements with industrial and logistics operators.

The firm’s core activities include sourcing strategically located industrial assets, overseeing property management operations and executing targeted development or renovation projects.