Glenview Trust Co held its position in Bloomin’ Brands, Inc. (NASDAQ:BLMN) during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 15,135 shares of the restaurant operator’s stock at the close of the second quarter. Glenview Trust Co’s holdings in Bloomin’ Brands were worth $321,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Bloomin’ Brands by 10.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,144 shares of the restaurant operator’s stock valued at $109,000 after acquiring an additional 476 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Bloomin’ Brands by 83.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,647 shares of the restaurant operator’s stock valued at $162,000 after acquiring an additional 3,472 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of Bloomin’ Brands in the 1st quarter valued at about $173,000. Public Employees Retirement System of Ohio increased its stake in shares of Bloomin’ Brands by 8.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 8,794 shares of the restaurant operator’s stock valued at $174,000 after acquiring an additional 693 shares during the last quarter. Finally, Parametrica Management Ltd bought a new stake in shares of Bloomin’ Brands in the 2nd quarter valued at about $201,000.

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Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.28 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.28. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. Bloomin’ Brands had a return on equity of 74.68% and a net margin of 2.29%. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share.

A number of brokerages have recently commented on BLMN. BidaskClub cut Bloomin’ Brands from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Raymond James Financial, Inc. set a $24.00 price target on Bloomin’ Brands and gave the company a “buy” rating in a research note on Thursday, July 27th. TheStreet cut Bloomin’ Brands from a “b” rating to a “c+” rating in a research note on Wednesday, July 26th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $19.00 price target on shares of Bloomin’ Brands in a research note on Thursday, August 31st. Finally, Zacks Investment Research raised Bloomin’ Brands from a “sell” rating to a “hold” rating in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $20.63.

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States.

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

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