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: VWR Corporation
Symbol: VWR
Price: Last trade $27.27
Trade Date: 6/4
Shares: 16 million
Underwriter(s) BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank Securities, Citigroup, Jefferies, William Blair & Co.
Co Manager(s) Cowen & Co., Mizuho Securities, SMBC Nikko, Drexel Hamilton, Loop Capital Markets
Rating=Subscription Needed
Company: Molina Healthcare
Symbol: MOH
Price: Last trade $72.74
Trade Date: 6/4
Shares: 5 million
Underwriter(s) UBS Securities, BofA Merrill Lynch, Wells Fargo Securities
Co Manager(s) SunTrust Robinson Humphrey
Rating=Subscription Needed
Company: Catalent, Inc.
Symbol: CTLT
Price: Last trade $31.96
Trade Date: 6/3
Shares: 20 million
Underwriter(s) Morgan Stanley, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs, Jefferies, Deutsche Bank Securities
Co Manager(s) Blackstone Capital Markets, Evercore ISI, Raymond James, Wells Fargo Securities, William Blair
Rating=Subscription Needed
Company: Nevro Corp.
Symbol: NVRO
Price: Last trade $50.79
Trade Date: 6/3
Shares: 3.9 million
Underwriter(s) J.P. Morgan, Morgan Stanley
Rating=Subscription Needed
Company: Intersect ENT, Inc.
Symbol: XENT
Price: Last trade $24.10
Trade Date: 6/3
Shares: 3 million
Underwriter(s) J.P. Morgan, BofA Merrill Lynch
Co Manager(s) Leerink Partners, Canaccord Genuity, William Blair
Rating=Subscription Needed
Company: QTS Realty Trust
Symbol: QTS
Price: Last trade $37.84
Trade Date: 6/2
Shares: 5.5 million
Underwriter(s) Deutsche Bank, Jefferies, KeyBanc, BofA Merrill Lynch, Evercore, Goldman Sachs, J.P. Morgan, Morgan Stanley, Stifel
Rating=Subscription Needed
Company: Store Capital
Symbol: STOR
Price: Last trade $21.04
Trade Date: 6/4
Shares: 18.5 million
Underwriter(s) Goldman Sachs, Credit Suisse, Morgan Stanley, BMO Capital Markets, Citigroup, KeyBanc Capital Markets, Wells Fargo Securities
Co Manager(s) Baird, Raymond James, Cowen & Co., Stifel, Ladenburg Thalmann, SunTrust Robinson Humphrey
Rating=Subscription Needed
Company: The Carlyle Group L.P.-BLOCK
Symbol: CG
Price: Last trade $30.97
Trade Date: 6/2
Shares: 7 million
Underwriter(s) Citigroup, J.P. Morgan
Rating=Subscription Needed
Company: Ferrellgas Partners LP
Symbol: FGP
Price: Last trade $24.29
Trade Date: 6/3
Shares: 6.3 million
Underwriter(s) J.P. Morgan, UBS, Barclays, BofA Merrill Lynch, RBC Capital Markets, Jefferies
Co Manager(s) BMO Capital Markets, SunTrust Robinson Humphrey, Capital One Securities, Fifth Third Securities, MUFG, Simmons & Co.
Rating=Subscription Needed