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

UBS Group AG reduced its stake in Bloomin’ Brands, Inc. (NASDAQ:BLMN) by 34.4% during the 4th quarter, Holdings Channel reports. The firm owned 511,225 shares of the restaurant operator’s stock after selling 267,540 shares during the period. UBS Group AG’s holdings in Bloomin’ Brands were worth $3,154,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. WINTON GROUP Ltd boosted its position in shares of Bloomin’ Brands by 1.1% in the 3rd quarter. WINTON GROUP Ltd now owns 163,932 shares of the restaurant operator’s stock worth $1,175,000 after purchasing an additional 1,752 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Bloomin’ Brands by 50.9% in the 4th quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock worth $38,000 after purchasing an additional 2,099 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Bloomin’ Brands by 2.2% in the 3rd quarter. Alliancebernstein L.P. now owns 97,268 shares of the restaurant operator’s stock worth $697,000 after purchasing an additional 2,103 shares during the last quarter. Fox Run Management L.L.C. boosted its position in shares of Bloomin’ Brands by 8.2% in the 3rd quarter. Fox Run Management L.L.C. now owns 29,697 shares of the restaurant operator’s stock worth $213,000 after purchasing an additional 2,261 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Bloomin’ Brands by 6.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator’s stock worth $333,000 after purchasing an additional 2,622 shares during the last quarter.

Insiders Place Their Bets

In other Bloomin’ Brands news, Director Rohit Lal bought 10,000 shares of Bloomin’ Brands stock in a transaction on Wednesday, March 11th. The shares were purchased at an average cost of $5.69 per share, for a total transaction of $56,900.00. Following the completion of the acquisition, the director owned 30,156 shares in the company, valued at approximately $171,587.64. The trade was a 49.61% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. UBS Group raised their price target on Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Barclays raised their price target on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. lowered Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target on the stock. in a research report on Friday, April 24th. The Goldman Sachs Group raised their price target on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein set a $9.00 price target on Bloomin’ Brands in a research report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $8.78.

Bloomin’ Brands Stock Performance

BLMN stock opened at $7.82 on Monday. The business’s 50-day moving average price is $6.45 and its two-hundred day moving average price is $6.59. The company has a current ratio of 0.26, a quick ratio of 0.19 and a debt-to-equity ratio of 1.89. The firm has a market cap of $669.47 million, a PE ratio of 31.28, a P/E/G ratio of 2.09 and a beta of 1.10. Bloomin’ Brands, Inc. has a 1-year low of $5.19 and a 1-year high of $10.70.

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

Bloomin’ Brands 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.