GSA Capital Partners LLP Invests $813,000 in Bloomin’ Brands, Inc. $BLMN

GSA Capital Partners LLP acquired a new stake in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 88,976 shares of the restaurant operator’s stock, valued at approximately $813,000. GSA Capital Partners LLP owned approximately 0.10% of Bloomin’ Brands at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Bloomin’ Brands in the 4th quarter valued at about $808,000. Renaissance Technologies LLC grew its position in shares of Bloomin’ Brands by 77.1% in the 1st quarter. Renaissance Technologies LLC now owns 369,796 shares of the restaurant operator’s stock worth $1,997,000 after buying an additional 160,942 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Bloomin’ Brands by 84.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,208,122 shares of the restaurant operator’s stock worth $11,924,000 after acquiring an additional 1,013,953 shares in the last quarter. Sei Investments Co. lifted its position in Bloomin’ Brands by 22.2% during the first quarter. Sei Investments Co. now owns 511,351 shares of the restaurant operator’s stock valued at $2,762,000 after acquiring an additional 92,786 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Bloomin’ Brands by 150.1% during the first quarter. Empowered Funds LLC now owns 690,137 shares of the restaurant operator’s stock valued at $3,727,000 after acquiring an additional 414,146 shares during the last quarter.

Bloomin’ Brands Trading Down 0.3%

Shares of Bloomin’ Brands stock opened at $10.66 on Wednesday. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62. Bloomin’ Brands, Inc. has a 12-month low of $5.19 and a 12-month high of $12.63. The firm has a market capitalization of $912.71 million, a price-to-earnings ratio of 34.39, a PEG ratio of 2.72 and a beta of 1.22. The firm’s 50 day simple moving average is $8.91 and its two-hundred day simple moving average is $7.40.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company posted $0.32 earnings per share. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. Analysts predict that Bloomin’ Brands, Inc. will post 0.98 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wall Street Zen upgraded Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Piper Sandler boosted their target price on Bloomin’ Brands from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Barclays boosted their target price on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Zacks Research upgraded Bloomin’ Brands from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Finally, UBS Group increased their price target on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $9.75.

Bloomin’ Brands 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.