UBS Group AG Sells 267,540 Shares of Bloomin’ Brands, Inc. $BLMN

UBS Group AG lowered its position in Bloomin’ Brands, Inc. (NASDAQ:BLMN) by 34.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 511,225 shares of the restaurant operator’s stock after selling 267,540 shares during the quarter. UBS Group AG owned 0.60% of Bloomin’ Brands worth $3,154,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BLMN. Federated Hermes Inc. raised its holdings in shares of Bloomin’ Brands by 201,255.8% in the 3rd quarter. Federated Hermes Inc. now owns 956,440 shares of the restaurant operator’s stock worth $6,858,000 after buying an additional 955,965 shares in the last quarter. Counterpoint Mutual Funds LLC raised its holdings in shares of Bloomin’ Brands by 1,069.7% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 431,359 shares of the restaurant operator’s stock worth $3,093,000 after buying an additional 394,480 shares in the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Bloomin’ Brands by 121.0% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 260,905 shares of the restaurant operator’s stock worth $1,871,000 after buying an additional 142,870 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of Bloomin’ Brands by 41.6% in the 3rd quarter. Intech Investment Management LLC now owns 365,845 shares of the restaurant operator’s stock worth $2,623,000 after buying an additional 107,489 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd raised its holdings in shares of Bloomin’ Brands by 1,077.4% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 120,326 shares of the restaurant operator’s stock worth $863,000 after buying an additional 110,106 shares in the last quarter.

Insider Activity at Bloomin’ Brands

In other news, Director Rohit Lal bought 10,000 shares of the stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of $5.69 per share, with a total value of $56,900.00. Following the purchase, the director owned 30,156 shares of the company’s stock, valued at approximately $171,587.64. This represents a 49.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.18% of the company’s stock.

Bloomin’ Brands Price Performance

NASDAQ BLMN opened at $7.82 on Monday. The stock has a fifty day moving average of $6.45 and a 200-day moving average of $6.59. The stock has a market capitalization of $669.47 million, a P/E ratio of 31.28, a price-to-earnings-growth ratio of 2.09 and a beta of 1.10. Bloomin’ Brands, Inc. has a 52 week low of $5.19 and a 52 week high of $10.70. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26.

Bloomin’ Brands (NASDAQ:BLMN) last released its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, beating the consensus estimate of $0.57 by $0.10. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the firm earned $0.59 EPS. 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, equities research analysts forecast that Bloomin’ Brands, Inc. will post 0.88 EPS for the current year.

Wall Street Analyst Weigh In

BLMN has been the subject of a number of recent research reports. Wall Street Zen raised Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup increased their target price on Bloomin’ Brands from $6.75 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, May 7th. The Goldman Sachs Group increased their target price on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Sanford C. Bernstein set a $9.00 target price on Bloomin’ Brands in a report on Thursday, May 7th. Finally, Weiss Ratings raised Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. Seven investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Bloomin’ Brands presently has an average rating of “Reduce” and an average target price of $8.78.

Bloomin’ Brands Company Profile

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.