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Meta Platforms EPS Misses Estimates as Keel Point Cuts Shareholding

Meta Platforms (Facebook) logoMeta Platforms (Facebook)
Sig1.20Sen-2.30Env0.00Soc0.00Gov0.00

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%.

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