Teachers Advisors LLC raised its holdings in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) by 1.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 212,217 shares of the restaurant operator’s stock after purchasing an additional 3,493 shares during the quarter. Teachers Advisors LLC owned approximately 0.21% of Bloomin’ Brands worth $4,505,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Chicago Equity Partners LLC lifted its holdings in Bloomin’ Brands by 749.7% during the 2nd quarter. Chicago Equity Partners LLC now owns 234,090 shares of the restaurant operator’s stock valued at $4,970,000 after purchasing an additional 206,540 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Bloomin’ Brands by 11.2% during the 1st quarter. Vanguard Group Inc. now owns 11,991,871 shares of the restaurant operator’s stock valued at $236,600,000 after purchasing an additional 1,203,463 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new stake in Bloomin’ Brands during the 1st quarter valued at $211,000. Legal & General Group Plc lifted its holdings in Bloomin’ Brands by 4.9% during the 1st quarter. Legal & General Group Plc now owns 116,837 shares of the restaurant operator’s stock valued at $2,305,000 after purchasing an additional 5,407 shares during the last quarter. Finally, Capital Fund Management S.A. acquired a new stake in Bloomin’ Brands during the 2nd quarter valued at $1,076,000.

ILLEGAL ACTIVITY WARNING: “Teachers Advisors LLC Increases Holdings in Bloomin’ Brands, Inc. (BLMN)” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/teachers-advisors-llc-increases-holdings-in-bloomin-brands-inc-blmn/1625007.html.

A number of equities research analysts have recently weighed in on BLMN shares. TheStreet downgraded Bloomin’ Brands from a “b” rating to a “c+” rating in a report on Wednesday, July 26th. ValuEngine downgraded Bloomin’ Brands from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Deutsche Bank AG reissued a “hold” rating and set a $24.00 target price (up previously from $21.00) on shares of Bloomin’ Brands in a report on Monday, July 10th. Zacks Investment Research raised Bloomin’ Brands from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Finally, BidaskClub downgraded Bloomin’ Brands from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $20.63.

Bloomin’ Brands, Inc. (NASDAQ:BLMN) opened at 17.57 on Thursday. Bloomin’ Brands, Inc. has a 52-week low of $15.82 and a 52-week high of $22.16. The company has a market cap of $1.74 billion, a PE ratio of 19.48 and a beta of 0.65. The firm has a 50-day moving average price of $17.16 and a 200-day moving average price of $19.31.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.28 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.28. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Bloomin’ Brands had a return on equity of 74.68% and a net margin of 2.29%. Bloomin’ Brands’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. On average, analysts forecast that Bloomin’ Brands, Inc. will post $1.42 EPS for the current year.

About Bloomin’ Brands

Bloomin’ Brands, Inc is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States.

Want to see what other hedge funds are holding BLMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloomin’ Brands, Inc. (NASDAQ:BLMN).

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

Receive News & Ratings for Bloomin' Brands Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloomin' Brands Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.