Saba Capital Management – L.P. just Purchased 93,014 shares of Templeton Emerging Markets Income Fund (TEI), be careful if you are short!; Bloomin Brands (BLMN) SI Increased By 15.9%

The insider of Templeton Emerging Markets Income Fund, Saba Capital Management – L.P. recently spent around $1.09 million U.S. Dollars for 93,014 shares in the Templeton Emerging Markets Income Fund company at an about $11.7 of a share. Saba Capital Management – L.P. presently owns 6.07 million shares or 12.65% of the company’s market cap (total dollar market value of all company’s outstanding shares). The investment was disclosed in a 4F filing submitted with the U.S. SEC on 01-02-2018, which is available for free access here.

Bloomin Brands Incorporated (NASDAQ:BLMN) had an increase of 15.9% in short interest. BLMN’s SI was 8.92M shares in February as released by FINRA. Its up 15.9% from 7.70M shares previously. With 2.33 million avg volume, 4 days are for Bloomin Brands Incorporated (NASDAQ:BLMN)’s short sellers to cover BLMN’s short positions. The stock increased 0.45% or $0.1 during the last trading session, reaching $22.13. About 146,071 shares traded. Bloomin' Brands, Inc. (NASDAQ:BLMN) has risen 8.82% since February 1, 2017 and is uptrending. It has underperformed by 7.88% the S&P500.

Since December 15, 2017, it had 0 insider purchases, and 3 sales for $8.07 million activity. The insider SMITH ELIZABETH A sold 375,000 shares worth $7.80M. HERLIHY DONAGH sold $190,020 worth of stock or 9,081 shares. Schmidt David Peter sold $78,750 worth of Bloomin' Brands, Inc. (NASDAQ:BLMN) on Friday, January 12.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.05, from 0.87 in 2017Q2. It fall, as 25 investors sold Bloomin' Brands, Inc. shares while 68 reduced holdings. 25 funds opened positions while 51 raised stakes. 85.71 million shares or 8.54% less from 93.71 million shares in 2017Q2 were reported. Schwab Charles Inv Mgmt holds 0.01% in Bloomin' Brands, Inc. (NASDAQ:BLMN) or 899,641 shares. Guggenheim Capital Ltd Liability Corp has invested 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). 377,800 are held by Axa. James Research holds 0.03% or 49,610 shares in its portfolio. 132,462 are owned by Citigroup. Landscape Cap Management Ltd Limited Liability Company, New Jersey-based fund reported 45,480 shares. Cwm Limited Company stated it has 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). New York-based Cipher Cap Ltd Partnership has invested 0.04% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Moreover, Convergence Investment Prtnrs Limited Liability Corp has 0.18% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN). 177,282 are owned by Deutsche National Bank Ag. Moreover, Boothbay Fund Limited Liability has 0.03% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN) for 10,256 shares. First Personal Service stated it has 0% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Ny State Teachers Retirement Systems invested in 0% or 8,700 shares. 45,800 were reported by Art Advsr Limited Liability Corp. Dimensional Fund Limited Partnership reported 0.02% stake.

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 $2.02 billion. The firm operates through two divisions, U.S. and International. It has a 28.52 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.

Among 16 analysts covering Bloomin’ Brands (NASDAQ:BLMN), 3 have Buy rating, 2 Sell and 11 Hold. Therefore 19% are positive. Bloomin’ Brands had 33 analyst reports since September 11, 2015 according to SRatingsIntel. The company was maintained on Friday, December 22 by Jefferies. The stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) earned “Hold” rating by TheStreet on Friday, October 23. Barclays Capital maintained Bloomin' Brands, Inc. (NASDAQ:BLMN) on Tuesday, January 16 with “Buy” rating. Goldman Sachs downgraded Bloomin' Brands, Inc. (NASDAQ:BLMN) on Thursday, November 19 to “Buy” rating. As per Friday, October 30, the company rating was downgraded by OTR Global. The rating was upgraded by Credit Suisse on Monday, April 11 to “Outperform”. William Blair downgraded Bloomin' Brands, Inc. (NASDAQ:BLMN) on Thursday, February 18 to “Market Perform” rating. Credit Suisse downgraded the shares of BLMN in report on Thursday, February 23 to “Neutral” rating. As per Monday, October 12, the company rating was upgraded by CL King. Bank of America downgraded Bloomin' Brands, Inc. (NASDAQ:BLMN) on Wednesday, November 22 to “Hold” rating.

The stock increased 0.68% or $0.08 during the last trading session, reaching $11.8. About 97,934 shares traded. Templeton Emerging Markets Income Fund (NYSE:TEI) has risen 10.99% since February 1, 2017 and is uptrending. It has underperformed by 5.71% the S&P500.