Yacktman Asset Management LP Has Decreased By $8.51 Million Its Colgate (CL) Position; Last Week Bloomin' Brands, Inc. (BLMN) Analysts

December 2, 2017 - By Vivian Park

Among 16 analysts covering Bloomin’ Brands (NASDAQ:BLMN), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Bloomin’ Brands had 28 analyst reports since September 11, 2015 according to SRatingsIntel. BMO Capital Markets maintained Bloomin' Brands, Inc. (NASDAQ:BLMN) on Monday, November 6 with “Outperform” rating. The rating was downgraded by Bank of America to “Hold” on Wednesday, November 22. On Monday, April 11 the stock rating was upgraded by Credit Suisse to “Outperform”. Jefferies maintained the shares of BLMN in report on Friday, June 2 with “Hold” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, May 19 report. The firm earned “Outperform” rating on Wednesday, November 4 by Raymond James. The stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Neutral” rating given on Thursday, January 19 by Goldman Sachs. The stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Overweight” rating given on Wednesday, October 18 by Barclays Capital. The company was downgraded on Thursday, February 18 by William Blair. BMO Capital Markets maintained the shares of BLMN in report on Thursday, June 22 with “Buy” rating. See Bloomin' Brands, Inc. (NASDAQ:BLMN) latest ratings:

22/11/2017 Broker: Bank of America Rating: Hold New Target: $21.0 Downgrade
06/11/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $25 New Target: $24 Maintain
06/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: $18.5 New Target: $18 Maintain
18/10/2017 Broker: Barclays Capital Rating: Overweight Old Target: $23 New Target: $22 Maintain
10/10/2017 Broker: Jefferies Rating: Hold New Target: $19.0 Maintain
27/07/2017 Broker: Raymond James Rating: Outperform Old Target: $25 New Target: $24 Maintain
22/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $26.0000 Maintain

Yacktman Asset Management Lp decreased Colgate (CL) stake by 8.42% reported in 2017Q2 SEC filing. Yacktman Asset Management Lp sold 115,000 shares as Colgate (CL)’s stock rose 3.95%. The Yacktman Asset Management Lp holds 1.25 million shares with $92.69M value, down from 1.37M last quarter. Colgate now has $64.14B valuation. The stock increased 0.81% or $0.59 during the last trading session, reaching $73.04. About 4.48 million shares traded or 34.34% up from the average. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since December 2, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q2. Its up 0.07, from 0.8 in 2017Q1. It improved, as 15 investors sold Bloomin' Brands, Inc. shares while 76 reduced holdings. 32 funds opened positions while 47 raised stakes. 93.71 million shares or 2.63% less from 96.24 million shares in 2017Q1 were reported. Reinhart owns 149,040 shares. Maryland-based Price T Rowe Assoc Md has invested 0% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Savings Bank Of Mellon Corp accumulated 0% or 761,392 shares. Regions Corp owns 44,495 shares. Neuberger Berman Group Inc Limited Liability holds 1.88 million shares. Voya Mngmt Ltd accumulated 47,376 shares or 0% of the stock. Lsv Asset Management invested 0.07% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Sit Associates, Minnesota-based fund reported 32,475 shares. Spark Inv Limited Liability holds 116,200 shares or 0.15% of its portfolio. Guggenheim Cap Llc reported 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Teachers Retirement Of The State Of Kentucky holds 58,037 shares or 0.02% of its portfolio. 17,489 were accumulated by Connable Office Inc. Herndon Mngmt Limited Co accumulated 408 shares. Bluecrest Capital Mgmt Ltd has 68,449 shares for 0.06% of their portfolio. 31,199 were reported by Millennium Mgmt.

The stock decreased 0.19% or $0.04 during the last trading session, reaching $21.43. About 982,169 shares traded. Bloomin' Brands, Inc. (NASDAQ:BLMN) has risen 8.82% since December 2, 2016 and is uptrending. It has underperformed by 7.88% the S&P500.

BloominÂ’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States and internationally. The company has market cap of $1.96 billion. The firm operates through two divisions, U.S. and International. It has a 23.76 P/E ratio. The Company’s restaurant portfolio has four concepts: Outback Steakhouse, a casual steakhouse restaurant; CarrabbaÂ’s Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and FlemingÂ’s Prime Steakhouse & Wine Bar, a contemporary steakhouse.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 EPS, 0.00% or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58M for 24.35 P/E if the $0.75 EPS becomes a reality. After $0.73 actual EPS reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74% EPS growth.

Since June 15, 2017, it had 0 insider buys, and 2 selling transactions for $1.35 million activity. Marsili Daniel B sold $1.06M worth of stock or 14,000 shares. $290,045 worth of Colgate-Palmolive Company (NYSE:CL) shares were sold by Verduin Patricia.