Tred Avon Family Wealth LLC Buys 39,213 Shares of Millrose Properties, Inc. $MRP

Posted by Francis Steltz on Oct 20th, 2026

Tred Avon Family Wealth LLC bought a new stake in shares of Millrose Properties, Inc. (NYSE:MRP – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 39,213 shares of the company’s stock, valued at approximately $1,018,000.

Several other hedge funds also recently added to or reduced their stakes in MRP. CX Institutional acquired a new stake in Millrose Properties during the 3rd quarter worth about $26,000. IFP Advisors Inc boosted its stake in shares of Millrose Properties by 149.0% in the second quarter. IFP Advisors Inc now owns 1,387 shares of the company’s stock worth $42,000 after buying an additional 830 shares during the last quarter. Versant Capital Management Inc purchased a new stake in shares of Millrose Properties in the third quarter worth about $44,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Millrose Properties in the third quarter worth about $49,000. Finally, Fortitude Family Office LLC acquired a new stake in Millrose Properties during the third quarter worth about $51,000.

Analysts Set New Price Targets

Several research analysts recently weighed in on MRP shares. Citizens Jmp reiterated a “market perform” rating on shares of Millrose Properties in a research report on Monday, October 5th. Weiss Ratings lowered Millrose Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, October 14th. Finally, Citigroup cut shares of Millrose Properties from a “buy” rating to a “hold” rating in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.50.

Read Our Latest Research Report on Millrose Properties

Millrose Properties News Summary

Here are the key news stories impacting Millrose Properties this week:

Negative Sentiment: Class action alleges misleading disclosures. Multiple law firms, including Kaplan Fox, Rosen and Frank R. Cruz, say a lawsuit covers investors who purchased Millrose securities from February 7, 2025, through October 2, 2026. The complaint reportedly alleges that Millrose made misleading statements or omissions in its public filings. Lead-plaintiff motions are due December 8, 2026. Kaplan Fox class action announcement
Negative Sentiment: Allegations center on approximately $200 million of Lennar homes. An investor notice cites an October 2 Hunterbrook Media report alleging that Millrose purchased finished homes from Lennar and rented them at an apparent loss. Another notice says the company’s CEO and CFO had signed SEC filings indicating there were no tenants before the purchases, raising questions about disclosure accuracy and potential management liability. Moore Law investor notice
Negative Sentiment: Legal and reputational risks are weighing on the investment case. Block & Leviton and other firms are investigating potential securities-law violations, while repeated notices encourage investors with losses to join or lead the case. The allegations have not been proven, but the litigation could create legal costs, management distraction and uncertainty around Millrose’s business model and financial disclosures. Block and Leviton investigation announcement

Millrose Properties Stock Down 2.4%

MRP stock opened at $21.97 on Tuesday. Millrose Properties, Inc. has a one year low of $21.07 and a one year high of $33.49. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.05 and a current ratio of 0.05. The firm’s fifty day moving average is $27.83 and its 200 day moving average is $28.47. The firm has a market cap of $3.39 billion, a PE ratio of 7.66 and a beta of 0.53.

Millrose Properties (NYSE:MRP – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%. The business had revenue of $196.85 million during the quarter.

Millrose Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Monday, October 5th were paid a $0.79 dividend. The ex-dividend date was Monday, October 5th. This represents a $3.16 annualized dividend and a dividend yield of 14.4%. This is a boost from Millrose Properties’s previous quarterly dividend of $0.77. Millrose Properties’s dividend payout ratio (DPR) is presently 110.10%.

Insider Activity

In other Millrose Properties news, Director Carlos Migoya purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average price of $29.18 per share, for a total transaction of $29,180.00. Following the purchase, the director directly owned 30,075 shares in the company, valued at approximately $877,588.50. This trade represents a 3.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Matthew Gorson purchased 3,000 shares of Millrose Properties stock in a transaction that occurred on Monday, August 10th. The stock was acquired at an average cost of $28.80 per share, with a total value of $86,400.00. Following the acquisition, the director directly owned 38,750 shares in the company, valued at $1,116,000. This trade represents a 8.39% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.23% of the stock is owned by insiders.

Millrose Properties Company Profile

(Free Report)

Millrose Properties, Inc is a residential land acquisition and development company focused on providing finished residential lots to homebuilders. Its business involves acquiring land, securing necessary entitlements, and completing infrastructure and other improvements needed to prepare properties for home construction.

The company generally operates through land-banking arrangements and related development agreements with homebuilders. Millrose may own or control land during the development process and subsequently sell finished lots to builders, helping homebuilders access development-ready sites while reducing the time and capital required for land preparation.

Millrose was established in connection with Lennar Corporation’s separation of its residential land and lot development operations and began trading as an independent public company in 2025.