Landscape Capital Management L.L.C. reduced its stake in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN – Free Report) by 43.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,485 shares of the restaurant operator’s stock after selling 333,062 shares during the period. Landscape Capital Management L.L.C.’s holdings in Bloomin’ Brands were worth $2,681,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its holdings in Bloomin’ Brands by 44.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 1,662 shares in the last quarter. WINTON GROUP Ltd raised its holdings in Bloomin’ Brands by 1.1% during the third quarter. WINTON GROUP Ltd now owns 163,932 shares of the restaurant operator’s stock valued at $1,175,000 after buying an additional 1,752 shares in the last quarter. GAMMA Investing LLC raised its holdings in Bloomin’ Brands by 50.9% during the fourth quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock valued at $38,000 after buying an additional 2,099 shares in the last quarter. Alliancebernstein L.P. raised its holdings in Bloomin’ Brands by 2.2% during the third quarter. Alliancebernstein L.P. now owns 97,268 shares of the restaurant operator’s stock valued at $697,000 after buying an additional 2,103 shares in the last quarter. Finally, Fox Run Management L.L.C. grew its position in shares of Bloomin’ Brands by 8.2% in the third quarter. Fox Run Management L.L.C. now owns 29,697 shares of the restaurant operator’s stock valued at $213,000 after purchasing an additional 2,261 shares during the last quarter.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. Barclays raised their price target on Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Citigroup increased their target price on Bloomin’ Brands from $6.75 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Sanford C. Bernstein set a $9.00 target price on Bloomin’ Brands in a research note on Thursday, May 7th. Weiss Ratings downgraded Bloomin’ Brands from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. Finally, The Goldman Sachs Group increased their target price on Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Seven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $8.78.
Bloomin’ Brands Price Performance
BLMN stock opened at $8.29 on Monday. Bloomin’ Brands, Inc. has a twelve month low of $5.19 and a twelve month high of $10.70. The company has a market cap of $709.71 million, a PE ratio of 33.16, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. The business’s 50-day simple moving average is $7.11 and its 200 day simple moving average is $6.73. The company has a quick ratio of 0.19, a current ratio of 0.26 and a debt-to-equity ratio of 1.89.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last released its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business earned $0.59 earnings per share. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. On average, research analysts anticipate that Bloomin’ Brands, Inc. will post 0.88 earnings per share for the current year.
About Bloomin’ Brands
Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.
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