Hantz Financial Services Inc. Has $39.15 Million Stake in Meta Platforms, Inc. $META

Hantz Financial Services Inc. boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 18.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,045 shares of the social networking company’s stock after purchasing an additional 8,148 shares during the quarter. Meta Platforms comprises approximately 0.6% of Hantz Financial Services Inc.’s holdings, making the stock its 29th largest position. Hantz Financial Services Inc.’s holdings in Meta Platforms were worth $39,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its stake in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares in the last quarter. Nuveen LLC acquired a new position in Meta Platforms in the first quarter valued at about $2,990,544,000. Amundi grew its position in Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after acquiring an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of Meta Platforms in the first quarter valued at about $571,086,000. Institutional investors own 79.91% of the company’s stock.

Insider Activity

In other news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $787.06, for a total value of $12,472,539.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 75,281 shares of company stock valued at $57,948,936. 13.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

META has been the topic of several research analyst reports. Bank of America decreased their price target on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Scotiabank upped their price objective on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. DA Davidson set a $825.00 target price on Meta Platforms in a research note on Thursday, October 30th. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, UBS Group raised their price target on Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Stock Up 0.4%

Shares of Meta Platforms stock opened at $621.71 on Monday. The business has a fifty day simple moving average of $726.22 and a 200 day simple moving average of $703.79. The stock has a market cap of $1.57 trillion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the business earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

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.