Secondaries announced 5.10.2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Laredo Petroleum, Inc.
Symbol: LPI
Price: Last trade $11.63
Description: Re-offer range $11.05-$11.30
Trade Date: 5/11
Shares: 9.5 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed

Company: Zayo Group Holdings-BLOCK
Symbol: ZAYO
Price: Last trade $27.04
Description: Re-offer range $26.75-$27.00
Trade Date: 5/11
Shares: 4 million
Underwriter(s) Barclays
Rating=Subscription Needed

Company: South Jersey Industries
Symbol: SJI
Price: Last trade $28.19
Trade Date: 5/13
Shares: 6.5 million
Underwriter(s) J.P. Morgan, Morgan Stanley, Guggenheim Securities
Co Manager(s) Janney Montgomery Scott, Sidoti & Co., U.S. Capital Advisors, The Williams Capital Group
Rating=Subscription Needed

Company: Hudson Pacific Properties, Inc.
Symbol: HPP
Price: Last trade $29.95
Description: Re-offer range $29.20-$29.50
Trade Date: 5/11
Shares: 10.6 million
Underwriter(s) BofA Merrill Lynch
Rating=Subscription Needed