Bloomin’ Brands Inc (NASDAQ:BLMN) to pay $0.09 dividend

May 3, 2018 - By Gregory Tomko

During Q4 2017 the big money sentiment increased to 0.9. That’s change of 0.08, from 2017Q3’s 0.82. 25 investors sold all, 74 reduced holdings as Bloomin' Brands, Inc. ratio is positive. 45 rose positions while 44 funds amassed positions. Funds hold 87.88 million shares thus 2.54% more from 2017Q3’s 85.71 million shares.
Polar Asset Management Ptnrs owns 353,700 shs. Moreover, Stone Ridge Asset Management Ltd Liability Co has 0.06% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN). Barnett has invested 0.26% of its capital in Bloomin' Brands, Inc. (NASDAQ:BLMN). Retail Bank Of America Corporation De holds 1.36M shs. Millennium Mngmt Ltd Limited Liability Company reported 872,560 shs. D E Shaw & accumulated 1.09M shs or 0.03% of the stock. Moreover, Axa has 0.04% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN) for 533,600 shs. Tci Wealth Advsrs has 159 shs for 0% of their capital. Sei Invs Comm reported 477,526 shs. Ubs Asset Management Americas Inc holds 78,505 shs. Granite Point Cap Management Limited Partnership has invested 0.08% of its capital in Bloomin' Brands, Inc. (NASDAQ:BLMN). Great West Life Assurance Can invested 0% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Schroder Mgmt has 40,088 shs for 0% of their capital. Comerica Retail Bank reported 129,520 shs. Trexquant Inv Ltd Partnership has invested 0.05% in Bloomin' Brands, Inc. (NASDAQ:BLMN).

Bloomin' Brands, Inc. had 16 insider sales and 0 insider purchases since December 15, 2017. This’s net activity of $44.98 million. $93,960 worth of Bloomin' Brands, Inc. (NASDAQ:BLMN) shs were sold by Schmidt David Peter. $461,814 worth of Bloomin' Brands, Inc. (NASDAQ:BLMN) was sold by Kappitt Michael on Monday, February 26. On Friday, March 2 SINGH SUKHDEV also sold $532,450 worth of Bloomin' Brands, Inc. (NASDAQ:BLMN). Shares for $507,830 were sold by HERLIHY DONAGH on Monday, February 26. Deno David J. had sold 66,603 shs worth $1.65 million. On Monday, February 26 84,374 shs were sold by Scarlett Gregg, worth $2.01 million.

Shareholders anticipate $0.09 dividend to be distributed on May 18, 2018 by Bloomin’ Brands Inc, Zacks reports. The dividend ex-date is May 4, 2018. The dividend is 0.37 % based on Bloomin’ Brands Inc’s price of $24.47. Apr 24, 2018 and May 7, 2018 are the announcement and record date. The stock decreased 0.16% or $0.04 during the last trading session, reaching $24.47.Bloomin' Brands, Inc. has 1.78M shares volume, 19.41% up from normal. BLMN is uptrending and has moved 28.31% since May 3, 2017. BLMN outperformed by 16.76% the S&P500.

Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States and internationally.The firm is valued at $2.24 billion. The firm operates through two divisions, U.S. and International.The P/E ratio is 24.23. The Company’s restaurant portfolio has four concepts: 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.

Bloomin' Brands, Inc. (NASDAQ:BLMN) Ratings Coverage

Total analysts of 9 have positions in Bloomin Brands (NASDAQ:BLMN) as follows: 3 rated it a “Buy”, 1 with “Sell” and 5 with “Hold”. The positive are 33%. The firm has $28 highest while $17.0 is the lowest price target. The average target $23.13 is -5.48% below the last ($24.47) price. Since November 6, 2017 according to StockzIntelligence Inc Bloomin Brands has 14 analyst reports. The company rating was maintained by Barclays Capital on Tuesday, January 16. On Friday, February 23 the firm has “Hold” rating by Jefferies given. On Wednesday, November 22 the rating was downgraded by Bank of America to “Hold”. In Friday, December 22 report Jefferies maintained the stock with “Hold” rating. On Friday, January 19 the stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Sell” rating given by Goldman Sachs. The stock rating was maintained by JP Morgan with “Neutral” on Tuesday, May 1. On Friday, March 2 the firm earned “Buy” rating by Deutsche Bank. On Friday, April 27 the stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Overweight” rating given by Barclays Capital. The stock rating was maintained by Barclays Capital with “Overweight” on Wednesday, January 24. On Monday, November 6 the stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Outperform” rating given by BMO Capital Markets.

Bloomin' Brands, Inc. (NASDAQ:BLMN) Institutional Investors Chart

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