Millrose Properties, Inc. (NYSE:MRP - Get Free Report) declared a -- dividend on Monday, March 17th, Wall Street Journal reports. Shareholders of record on Friday, April 4th will be paid a dividend of 0.38 per share on Tuesday, April 15th. The ex-dividend date of this dividend is Friday, April 4th.
Millrose Properties Stock Up 2.6 %
Shares of NYSE MRP traded up $0.64 during trading on Friday, reaching $25.31. 10,986,750 shares of the company traded hands, compared to its average volume of 5,069,018. Millrose Properties has a 52-week low of $19.00 and a 52-week high of $27.07.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group assumed coverage on shares of Millrose Properties in a research report on Thursday, February 27th. They issued a "buy" rating and a $25.00 target price for the company.
Get Our Latest Stock Analysis on MRP
Insider Activity at Millrose Properties
In other Millrose Properties news, Director Carlos A. Migoya purchased 3,458 shares of the company's stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of $22.45 per share, for a total transaction of $77,632.10. Following the purchase, the director now directly owns 10,106 shares of the company's stock, valued at $226,879.70. This trade represents a 52.02 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Garett Rosenblum acquired 5,900 shares of Millrose Properties stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of $22.84 per share, for a total transaction of $134,756.00. Following the transaction, the insider now owns 5,900 shares of the company's stock, valued at approximately $134,756. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.
About Millrose Properties
(
Get 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.
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