Renaissance Technologies LLC Has $19.24 Million Stake in Millrose Properties, Inc. $MRP

Posted by Francis Steltz on Jul 31st, 2026

Renaissance Technologies LLC lessened its holdings in Millrose Properties, Inc. (NYSE:MRP – Free Report) by 4.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 687,065 shares of the company’s stock after selling 31,802 shares during the period. Renaissance Technologies LLC owned 0.45% of Millrose Properties worth $19,238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Baird Financial Group Inc. acquired a new position in shares of Millrose Properties in the first quarter valued at $224,000. Royal Bank of Canada acquired a new stake in shares of Millrose Properties during the 1st quarter worth about $1,508,000. Advisors Asset Management Inc. bought a new stake in shares of Millrose Properties during the 1st quarter worth about $45,000. NewEdge Advisors LLC bought a new stake in shares of Millrose Properties during the 1st quarter worth about $39,000. Finally, Goldman Sachs Group Inc. acquired a new position in Millrose Properties in the 1st quarter valued at about $18,093,000.

Millrose Properties Trading Up 0.6%

Shares of Millrose Properties stock opened at $28.21 on Friday. The firm has a 50-day moving average of $28.71 and a 200-day moving average of $29.37. The stock has a market cap of $4.35 billion, a PE ratio of 10.11 and a beta of 0.34. Millrose Properties, Inc. has a 52-week low of $26.30 and a 52-week high of $36.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.34 and a current ratio of 0.34.

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

Millrose Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were issued a dividend of $0.77 per share. This is a boost from Millrose Properties’s previous quarterly dividend of $0.76. This represents a $3.08 annualized dividend and a dividend yield of 10.9%. The ex-dividend date of this dividend was Monday, July 6th. Millrose Properties’s payout ratio is 110.39%.

Insider Buying and Selling

In related news, Director Matthew B. Gorson acquired 4,500 shares of the stock in a transaction on Monday, May 18th. The shares were purchased at an average price of $26.96 per share, for a total transaction of $121,320.00. Following the purchase, the director directly owned 35,750 shares in the company, valued at approximately $963,820. The trade was a 14.40% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Darren Richman acquired 40,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was bought at an average cost of $27.31 per share, with a total value of $1,092,400.00. Following the completion of the acquisition, the insider directly owned 84,000 shares in the company, valued at approximately $2,294,040. This represents a 90.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 240,532 shares of company stock valued at $6,567,048. 0.23% of the stock is owned by company insiders.

Analyst Ratings Changes

MRP has been the subject of several research reports. Wall Street Zen downgraded shares of Millrose Properties from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. 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 company. According to MarketBeat.com, Millrose Properties has an average rating of “Buy” and an average target price of $37.67.

View Our Latest Stock Report on MRP

About Millrose Properties

(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.