Tudor Investment Corp Et Al Purchases 429 Shares of Bloomin' Brands Inc (BLMN)

Tudor Investment Corp Et Al boosted its stake in Bloomin' Brands Inc (NASDAQ:BLMN) by 3.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,800 shares of the company’s stock after buying an additional 429 shares during the period. Tudor Investment Corp Et Al’s holdings in Bloomin' Brands were worth $231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Investment Management LLC boosted its position in Bloomin' Brands by 1.1% in the third quarter. BlackRock Investment Management LLC now owns 428,652 shares of the company’s stock valued at $7,390,000 after buying an additional 4,575 shares during the last quarter. Skylands Capital LLC boosted its position in Bloomin' Brands by 2.3% in the third quarter. Skylands Capital LLC now owns 447,700 shares of the company’s stock valued at $7,718,000 after buying an additional 10,200 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in Bloomin' Brands by 42.5% in the third quarter. Canada Pension Plan Investment Board now owns 363,200 shares of the company’s stock valued at $6,262,000 after buying an additional 108,400 shares during the last quarter. Neuberger Berman Group LLC boosted its position in Bloomin' Brands by 22.2% in the third quarter. Neuberger Berman Group LLC now owns 2,888,922 shares of the company’s stock valued at $49,805,000 after buying an additional 525,616 shares during the last quarter. Finally, Strs Ohio boosted its position in Bloomin' Brands by 34.3% in the third quarter. Strs Ohio now owns 1,492,100 shares of the company’s stock valued at $25,723,000 after buying an additional 381,400 shares during the last quarter. Hedge funds and other institutional investors own 95.31% of the company’s stock.

Institutional Ownership by Quarter for Bloomin' Brands (NASDAQ:BLMN)

Bloomin' Brands Inc (NASDAQ:BLMN) opened at 19.31 on Friday. Bloomin' Brands Inc has a 12 month low of $15.82 and a 12 month high of $19.99. The company has a market cap of $1.98 billion, a PE ratio of 52.19 and a beta of 0.83. The company has a 50 day moving average price of $17.89 and a 200-day moving average price of $17.95.

Bloomin' Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Friday, February 17th. The company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by $0.00. Bloomin' Brands had a return on equity of 45.13% and a net margin of 1.48%. The business earned $1 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the firm posted $0.30 EPS. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. Equities analysts predict that Bloomin' Brands Inc will post $1.40 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Shareholders of record on Monday, February 27th were given a $0.08 dividend. The ex-dividend date of this dividend was Thursday, February 23rd. This represents a $0.32 annualized dividend and a yield of 1.66%. This is a boost from Bloomin' Brands’s previous quarterly dividend of $0.06. Bloomin' Brands’s payout ratio is currently 52.83%.

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Several research analysts have weighed in on BLMN shares. Zacks Investment Research upgraded Bloomin' Brands from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 28th. Morgan Stanley cut Bloomin' Brands from an “equal weight” rating to an “underweight” rating and set a $18.00 price target on the stock. in a research report on Tuesday, January 17th. Credit Suisse Group AG cut Bloomin' Brands from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $21.00 to $19.00 in a research report on Thursday, February 23rd. OTR Global cut Bloomin' Brands to a “neutral” rating in a research report on Friday, February 3rd. Finally, Goldman Sachs Group Inc cut Bloomin' Brands from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a research report on Thursday, January 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $19.71.

Bloomin' Brands Company Profile

Bloomin’ Brands, Inc (Bloomin’ Brands) is a holding company engaged in operating casual dining restaurants. The Company has a portfolio of four restaurant concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The Company owns and operates approximately 1,340 restaurants and franchises over 170 restaurants across approximately 50 states, Puerto Rico, Guam and approximately 20 countries.

5 Day Chart for NASDAQ:BLMN

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