Does Bloomin Brands Incorporated (NASDAQ:BLMN) Have Gas After Even More Sellers Involved?

September 17, 2017 - By Ellis Scott

 Does Bloomin Brands Incorporated (NASDAQ:BLMN) Have Gas After Even More Sellers Involved?

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.28, from 0.82 in 2016Q3. It is positive, as 26 investors sold Bloomin’ Brands Inc shares while 67 reduced holdings. 31 funds opened positions while 71 raised stakes. 100.24 million shares or 1.69% more from 98.57 million shares in 2016Q3 were reported.
Ameriprise Finance holds 690,530 shares or 0.01% of its portfolio. Princeton Alpha Lp has 46,114 shares for 0.17% of their portfolio. Blackrock holds 0.01% or 481,066 shares in its portfolio. Moody Fincl Bank Trust Division holds 0.02% of its portfolio in Bloomin’ Brands Inc (NASDAQ:BLMN) for 20,700 shares. Envestnet Asset holds 15,028 shares. State Teachers Retirement invested in 10,100 shares or 0% of the stock. Boothbay Fund Management Limited Company reported 0.09% in Bloomin’ Brands Inc (NASDAQ:BLMN). Highbridge Mgmt Ltd Liability stated it has 11,297 shares or 0% of all its holdings. Fund Management accumulated 323,286 shares or 0.05% of the stock. Proshare Advsrs Ltd Liability holds 0% or 17,680 shares in its portfolio. Sentinel Asset Mgmt stated it has 0.41% in Bloomin’ Brands Inc (NASDAQ:BLMN). Weiss Asset Mngmt Limited Partnership has invested 0.03% in Bloomin’ Brands Inc (NASDAQ:BLMN). Panagora Asset Mngmt holds 63,725 shares or 0.01% of its portfolio. Jennison Assocs Ltd Liability Company owns 743,004 shares. Tcw Gru Incorporated has 35,755 shares for 0% of their portfolio.

Since April 3, 2017, it had 0 buys, and 5 insider sales for $8.62 million activity. $1.42M worth of Bloomin’ Brands Inc (NASDAQ:BLMN) shares were sold by Scarlett Gregg. On Monday, May 1 SMITH ELIZABETH A sold $6.00M worth of Bloomin’ Brands Inc (NASDAQ:BLMN) or 275,000 shares. HERLIHY DONAGH sold 3,326 shares worth $66,520. On Friday, April 28 Kappitt Michael sold $563,832 worth of Bloomin’ Brands Inc (NASDAQ:BLMN) or 26,409 shares. SINGH SUKHDEV sold $573,085 worth of stock.

The stock of Bloomin Brands Incorporated (NASDAQ:BLMN) registered an increase of 13.15% in short interest. BLMN’s total short interest was 10.52M shares in September as published by FINRA. Its up 13.15% from 9.29M shares, reported previously. With 1.55M shares average volume, it will take short sellers 7 days to cover their BLMN’s short positions.

The stock increased 0.23% or $0.04 on September 15, reaching $17.18. About 3.98 million shares traded or 158.44% up from the average. Bloomin’ Brands Inc (NASDAQ:BLMN) has risen 8.82% since September 17, 2016 and is uptrending. It has underperformed by 7.88% the S&P500.

Bloomin’ Brands, Inc. is a holding company. The company has market cap of $1.60 billion. The Firm owns and operates casual, upscale casual and fine dining restaurants. It has a 19 P/E ratio. The Firm operates through two divisions: U.S. and International.

Bloomin’ Brands Inc (NASDAQ:BLMN) Ratings Coverage

Among 15 analysts covering Bloomin’ Brands (NASDAQ:BLMN), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Bloomin’ Brands had 23 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, October 23 by TheStreet. Raymond James maintained the shares of BLMN in report on Thursday, July 27 with “Outperform” rating. The firm has “Hold” rating given on Friday, June 2 by Jefferies. The firm has “Market Perform” rating by Wells Fargo given on Friday, May 19. On Tuesday, February 21 the stock rating was downgraded by JP Morgan to “Neutral”. The firm earned “Mixed” rating on Friday, October 30 by OTR Global. The rating was downgraded by Morgan Stanley to “Underweight” on Tuesday, January 17. The stock has “Neutral” rating by Guggenheim on Friday, September 11. The rating was downgraded by Goldman Sachs on Thursday, November 19 to “Buy”. The rating was downgraded by Goldman Sachs on Thursday, January 19 to “Neutral”.

Another recent and important Bloomin’ Brands Inc (NASDAQ:BLMN) news was published by which published an article titled: “Is Bloomin’ Brands (BLMN) a Great Stock for Value Investors?” on September 07, 2017.

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