MFA Wealth Services bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 820 shares of the social networking company’s stock, valued at approximately $480,000.
A number of other institutional investors and hedge funds have also made changes to their positions in META. International Assets Investment Management LLC boosted its stake in Meta Platforms by 57,001.5% in the third quarter. International Assets Investment Management LLC now owns 9,517,111 shares of the social networking company’s stock valued at $5,447,975,000 after acquiring an additional 9,500,444 shares in the last quarter. Integrated Investment Consultants LLC lifted its position in Meta Platforms by 61,769.3% during the 3rd quarter. Integrated Investment Consultants LLC now owns 4,132,870 shares of the social networking company’s stock worth $2,365,820,000 after acquiring an additional 4,126,190 shares during the period. World Investment Advisors LLC increased its holdings in Meta Platforms by 4,658.5% in the 3rd quarter. World Investment Advisors LLC now owns 909,548 shares of the social networking company’s stock worth $520,662,000 after buying an additional 890,434 shares during the period. Geode Capital Management LLC increased its stake in shares of Meta Platforms by 1.5% in the third quarter. Geode Capital Management LLC now owns 48,160,608 shares of the social networking company’s stock worth $27,470,870,000 after acquiring an additional 698,884 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Meta Platforms by 926.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 733,358 shares of the social networking company’s stock worth $369,774,000 after purchasing an additional 661,923 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on META. Rosenblatt Securities reaffirmed a “buy” rating and issued a $811.00 price target on shares of Meta Platforms in a report on Monday. Scotiabank dropped their target price on Meta Platforms from $585.00 to $583.00 and set a “sector perform” rating on the stock in a report on Thursday, October 31st. Wedbush reiterated an “outperform” rating and set a $700.00 price target (up from $680.00) on shares of Meta Platforms in a research report on Wednesday, January 22nd. Jefferies Financial Group upped their price objective on Meta Platforms from $675.00 to $715.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Finally, Wells Fargo & Company lifted their target price on shares of Meta Platforms from $641.00 to $685.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, thirty-five have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $654.20.
Meta Platforms Stock Performance
NASDAQ:META opened at $659.88 on Tuesday. The company’s 50-day moving average is $604.04 and its two-hundred day moving average is $561.55. Meta Platforms, Inc. has a 1-year low of $387.10 and a 1-year high of $663.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.73 and a quick ratio of 2.73. The firm has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 31.08, a PEG ratio of 1.18 and a beta of 1.19.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The social networking company reported $6.03 earnings per share for the quarter, topping the consensus estimate of $5.19 by $0.84. The company had revenue of $40.59 billion during the quarter, compared to analyst estimates of $40.21 billion. Meta Platforms had a return on equity of 35.60% and a net margin of 35.55%. Analysts forecast that Meta Platforms, Inc. will post 22.96 EPS for the current year.
Meta Platforms Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.00 annualized dividend and a yield of 0.30%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.42%.
Insider Buying and Selling at Meta Platforms
In related news, CEO Mark Zuckerberg sold 35,921 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $644.76, for a total transaction of $23,160,423.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jennifer Newstead sold 905 shares of Meta Platforms stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $631.55, for a total transaction of $571,552.75. Following the completion of the sale, the insider now owns 32,010 shares of the company’s stock, valued at $20,215,915.50. This trade represents a 2.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 603,032 shares of company stock valued at $368,666,614 over the last 90 days. 13.71% of the stock is owned by insiders.
Meta Platforms Company Profile
Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.
See Also
- Five stocks we like better than Meta Platforms
- Stock Analyst Ratings and Canadian Analyst Ratings
- Sizing Up a New Opportunity for NVIDIA Investors
- 3 Best Fintech Stocks for a Portfolio Boost
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- The 3 Biggest M&A Stock Opportunities for 2025
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.