Economy

Bloomin' Brands, Inc. (BLMN) Given Consensus Recommendation of "Hold" by Brokerages

On May 19 the stock rating was downgraded to "Market Perform" from "Outperform" in an announcement from Wells Fargo. The firm earned "Neutral" rating on Tuesday, February 21 by JP Morgan. Jefferies Group LLC reiterated a "hold" rating and issued a $19.00 target price on shares of Bloomin' Brands in a research report on Thursday, August 31st. The rating was maintained by Jefferies on Friday, June 2 with "Hold". Goldman Sachs downgraded the shares of BLMN in report on Thursday, November 19 to "Buy" rating. The value of the investment in Bloomin' Brands, Inc. decreased from $9,967,000 to $2,796,000 a change of $7,171,000 for the reporting period.

The volume of the particular stock is the shares bought and sold in a single trading day. Over the last three months, the shares of the company have changed -16.64% and performed -0.58% over the last six months. Telephone And Data Systems now has $3.22 billion valuation.

The stock increased 1.06% or $0.18 on September 1, reaching $17.19. About 200,454 shares traded. Telephone & Data Systems, Inc. Two analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has given a buy recommendation to the company. Therefore 38% are positive. Bloomin' Brands had 23 analyst reports since September 11, 2015 according to SRatingsIntel. Its up 0.07, from 0.8 in 2016Q3. Jpmorgan Chase And has 2.32M shares for 0.01% of their portfolio. Axa has 0.03% invested in Bloomin' Brands Inc (NASDAQ:BLMN). State Common Retirement Fund owns 815,203 shares or 0.02% of their USA portfolio. Rice Hall James & Associates Llc, a California-based fund reported 390,100 shares. (NYSE:TDS) for 22,619 shares. Thompson Siegel And Walmsley Limited Liability Corp invested in 0.18% or 777,561 shares. It was reported on Sep, 6 by Barchart.com. (NYSE:SB) on Monday, July 3 with "Hold" rating.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.07, from 0.8 in 2016Q3. Bloomin' Brands had a return on equity of 74.68% and a net margin of 2.29%. 31 funds opened positions while 71 raised stakes. The co reported 1.06% change to end the trade at $17.19, with the overall traded capacity of 754041 shares. ValuEngine downgraded shares of Bloomin' Brands from a "buy" rating to a "hold" rating in a research note on Friday, September 1st.

Bloomin' Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Wednesday, July 26th. Credit Suisse upgraded Bloomin' Brands Inc (NASDAQ:BLMN) on Monday, April 11 to "Outperform" rating. 20,700 are owned by Moody Bankshares Division.

In the market the company is trading down by 0.35% percent from yesterday's close. The International segment includes brands operating outside the United States. Suntrust Banks has 0.02% invested in Bloomin' Brands Inc (NASDAQ:BLMN) for 149,106 shares. Ajo L P, a Pennsylvania-based fund reported 61,931 shares. Cantab Capital Partners Llp now owns 7,166 shares worth $152,000,000. Stifel Financial Corp boosted its stake in shares of Bloomin' Brands by 0.9% in the second quarter. Meeder Asset Mngmt holds 0.04% or 24,634 shares. Bloomin' Brands, Inc. announced a dividend that was paid on Friday the 19th of May 2017. Scopus Asset Mgmt Lp accumulated 275,000 shares.

Bloomin' Brands, Inc is a holding company.

The company now has a P/E ratio of 18.99 and market capitalization is 1.69B. The Company owns and operates casual, upscale casual and fine dining restaurants.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio. The Firm operates through two divisions: US and worldwide.

Since April 3, 2017, it had 0 insider buys, and 5 sales for $8.62 million activity. HERLIHY DONAGH had sold 3,326 shares worth $66,520. It increased, as 26 investors sold Bloomin' Brands Inc shares while 67 reduced holdings.

Bloomin' Brands, Inc. (BLMN) has a market capitalization of 1.6 Billion which suggests the company is a huge company further suggesting that the shares of Bloomin' Brands, Inc. 303,511 are owned by Parametric Assoc Ltd. Bank & Trust Of Montreal Can invested 0% of its portfolio in Bloomin' Brands Inc (NASDAQ:BLMN). It has underperformed by 7.88% the S&P500.



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