Fort Washington Investment Advisors Inc. OH lifted its position in Bloomin’ Brands Inc (NASDAQ:BLMN) by 15.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,387,057 shares of the restaurant operator’s stock after acquiring an additional 185,611 shares during the period. Fort Washington Investment Advisors Inc. OH owned 1.51% of Bloomin’ Brands worth $24,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of BLMN. Raymond James & Associates boosted its stake in shares of Bloomin’ Brands by 45.3% in the second quarter. Raymond James & Associates now owns 24,767 shares of the restaurant operator’s stock worth $498,000 after acquiring an additional 7,721 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Bloomin’ Brands by 49.0% in the second quarter. California Public Employees Retirement System now owns 172,202 shares of the restaurant operator’s stock worth $3,461,000 after acquiring an additional 56,636 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Bloomin’ Brands by 541.2% in the second quarter. Public Employees Retirement System of Ohio now owns 43,451 shares of the restaurant operator’s stock worth $873,000 after acquiring an additional 36,675 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Bloomin’ Brands by 22.7% in the third quarter. Bank of Montreal Can now owns 80,918 shares of the restaurant operator’s stock worth $1,601,000 after acquiring an additional 14,980 shares during the last quarter. Finally, Foundry Partners LLC boosted its stake in shares of Bloomin’ Brands by 24.8% in the third quarter. Foundry Partners LLC now owns 744,355 shares of the restaurant operator’s stock worth $14,731,000 after acquiring an additional 147,924 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

BLMN has been the topic of a number of research analyst reports. Zacks Investment Research lowered Bloomin’ Brands from a “hold” rating to a “sell” rating in a research note on Monday, January 14th. BidaskClub lowered Bloomin’ Brands from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. Morgan Stanley raised Bloomin’ Brands from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, December 19th. They noted that the move was a valuation call. Barclays lowered their price target on Bloomin’ Brands from $27.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, November 29th. Finally, JPMorgan Chase & Co. raised Bloomin’ Brands from a “neutral” rating to an “overweight” rating and set a $23.00 price target on the stock in a research note on Tuesday, January 8th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. Bloomin’ Brands presently has a consensus rating of “Hold” and a consensus price target of $21.56.

Shares of Bloomin’ Brands stock opened at $19.01 on Monday. Bloomin’ Brands Inc has a one year low of $17.08 and a one year high of $25.00. The company has a market cap of $1.75 billion, a P/E ratio of 13.98, a P/E/G ratio of 1.32 and a beta of 0.33. The company has a current ratio of 0.37, a quick ratio of 0.29 and a debt-to-equity ratio of 18.69.

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Bloomin’ Brands Profile

Bloomin' Brands, Inc, through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse.

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Institutional Ownership by Quarter for Bloomin` Brands (NASDAQ:BLMN)

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