Bloomin’ Brands Inc (NASDAQ:BLMN) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Bloomin’ Brands Inc (NASDAQ:BLMN) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,988,120 shares of the restaurant operator’s stock after acquiring an additional 143,957 shares during the quarter. Dimensional Fund Advisors LP owned about 3.25% of Bloomin’ Brands worth $53,457,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tyvor Capital LLC grew its holdings in Bloomin’ Brands by 159.6% during the third quarter. Tyvor Capital LLC now owns 1,555,536 shares of the restaurant operator’s stock worth $30,784,000 after buying an additional 956,233 shares in the last quarter. Prudential Financial Inc. grew its holdings in Bloomin’ Brands by 29.5% during the fourth quarter. Prudential Financial Inc. now owns 2,485,686 shares of the restaurant operator’s stock worth $44,468,000 after buying an additional 566,831 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in Bloomin’ Brands by 57.5% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,271,400 shares of the restaurant operator’s stock worth $22,743,000 after buying an additional 464,300 shares in the last quarter. Vanguard Group Inc boosted its position in Bloomin’ Brands by 3.6% in the third quarter. Vanguard Group Inc now owns 11,808,062 shares of the restaurant operator’s stock worth $233,681,000 after purchasing an additional 404,855 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Bloomin’ Brands by 3.6% in the third quarter. Vanguard Group Inc. now owns 11,808,062 shares of the restaurant operator’s stock worth $233,681,000 after purchasing an additional 404,855 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

NASDAQ BLMN traded up $0.44 during trading on Friday, reaching $19.24. The company’s stock had a trading volume of 1,101,905 shares, compared to its average volume of 1,013,218. The firm has a market capitalization of $1.76 billion, a P/E ratio of 12.83, a P/E/G ratio of 1.29 and a beta of 0.33. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 19.48. Bloomin’ Brands Inc has a one year low of $17.08 and a one year high of $24.91.

Bloomin’ Brands (NASDAQ:BLMN) last announced its earnings results on Thursday, February 14th. The restaurant operator reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. Bloomin’ Brands had a return on equity of 178.97% and a net margin of 2.60%. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 EPS. As a group, research analysts anticipate that Bloomin’ Brands Inc will post 1.56 EPS for the current fiscal year.

Several research analysts have weighed in on the company. TheStreet raised Bloomin’ Brands from a “c+” rating to a “b” rating in a research report on Friday, February 15th. BidaskClub raised Bloomin’ Brands from a “sell” rating to a “hold” rating in a research report on Friday, March 29th. Tigress Financial reaffirmed a “buy” rating on shares of Bloomin’ Brands in a research report on Thursday. ValuEngine cut Bloomin’ Brands from a “hold” rating to a “sell” rating in a research report on Saturday, April 13th. Finally, JPMorgan Chase & Co. raised Bloomin’ Brands from a “neutral” rating to an “overweight” rating and set a $23.00 price target on the stock in a research report on Tuesday, January 8th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $21.67.

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Bloomin’ Brands Company Profile

Bloomin' Brands, Inc, through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse.

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

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