Meta Platforms EPS Misses Estimates as Keel Point Cuts Shareholding
Keel Point LLC sold 3,619 Meta Platforms shares, cutting its stake to 11,011 shares worth $6.3 million in its latest SEC filing. Several other institutional holders increased or adjusted positions. Meta reported $6.18 EPS, missing analysts’ $7.19 estimate, and disclosed a quarterly dividend with a payout ratio of 7.91%.