Bloomin’ Brands, Inc. $BLMN Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd decreased its holdings in Bloomin’ Brands, Inc. (NASDAQ:BLMN) by 59.7% in the 1st quarter, Holdings Channel reports. The firm owned 152,975 shares of the restaurant operator’s stock after selling 226,667 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Bloomin’ Brands were worth $826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of BLMN. Quarry LP purchased a new position in Bloomin’ Brands during the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. increased its stake in Bloomin’ Brands by 83,825.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Bloomin’ Brands in the fourth quarter valued at about $31,000. PNC Financial Services Group Inc. boosted its stake in shares of 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 worth $34,000 after buying an additional 1,662 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Bloomin’ Brands by 50.9% during the fourth quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock worth $38,000 after buying an additional 2,099 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Weiss Ratings raised Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, June 15th. Citigroup upped their price objective on Bloomin’ Brands from $6.75 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Barclays increased their price objective 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. Sanford C. Bernstein set a $9.00 target price on Bloomin’ Brands in a research note on Thursday, May 7th. Finally, Wall Street Zen lowered Bloomin’ Brands from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Seven analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $8.78.

Bloomin’ Brands Stock Performance

NASDAQ:BLMN opened at $8.34 on Monday. The stock has a fifty day moving average price of $7.99 and a two-hundred day moving average price of $6.92. The stock has a market capitalization of $713.99 million, a price-to-earnings ratio of 33.36, a PEG ratio of 2.23 and a beta of 1.21. 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, Inc. has a 1 year low of $5.19 and a 1 year high of $10.70.

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

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.