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: SoTHERLY Hotels Inc.
Symbol: SOHO
Price: Last trade $8.25
Trade Date: wk of 6/22
Shares: 3 million
Underwriter(s) Sandler O’Neill, JMP Securities, Ladenburg Thalmann & Co.
Co Manager(s) Boenning & Scattergood, J.J.B. Hilliard, W.L. Lyons
Rating=Subscription Needed
Company: NN Inc.
Symbol: NNBR
Price: Last trade $25.76
Trade Date: 6/26
Shares: 6 million
Underwriter(s) KeyBanc Capital Markets
Co Manager(s) William Blair & Co., Stephens, Inc., Stifel, Avondale Partners, CJS Securities, Regions Securities
Rating=Subscription Needed
Company: NRG Yield, Inc.
Symbol: NYLD
Price: Last trade $24.58
Trade Date: 6/24
Shares: 3.68 million
Underwriter(s) Goldman Sachs, BofA Merrill Lynch, Citigroup, Credit Suisse, J.P. Morgan, Morgan Stanley, RBC Capital Markets
Co Manager(s) Barclays, Deutsche Bank Securities, KeyBanc Capital Markets, Mitsubishis UFJ Securities
Rating=Subscription Needed
Company: CorEnergy
Symbol: CORR
Price: Last trade $6.68
Trade Date: 6/24
Shares: 11.25 million
Underwriter(s) BofA Merrill Lynch, Wells Fargo Securities
Rating=Subscription Needed
Company: XL Group plc-BLOCK
Symbol: XL
Price: Last trade $38.51
Trade Date: 6/23
Shares: 5 million
Underwriter(s) UBS
Rating=Subscription Needed
Company: GasLog Partners LP
Symbol: GLOP
Price: Last trade $25.00
Trade Date: 6/23
Shares: 7.5 million
Underwriter(s) Citigroup, Barclays, Morgan Stanley, Evercore Group, UNS Securities, Wells Fargo Securities, Credit Suisse, Deutsche Bank Securities
Co Manager(s) ABN AMRO Securities
Rating=Subscription Needed
Company: Whitestone REIT
Symbol: WSR
Price: Last trade $14.19
Trade Date: 6/23
Shares: 3.75 million
Underwriter(s) JMP Securities
Rating=Subscription Needed
Company: CyrusOne Inc.
Symbol: CONE
Price: Last trade $30.55
Trade Date: 6/24
Shares: 11.3 million
Underwriter(s) Citigroup, Goldman Sachs, Morgan Stanley, KeyBanc Capital Markets, Barclays, J.P. Morgan, Deutsche Bank, RBC Capital Markets, Jefferies
Co Manager(s) Stifel, SunTrust Robinson Humphrey, Raymond James
Rating=Subscription Needed
Company: Green Brick Partners, Inc.
Symbol: GRBK
Price: Last trade $9.72
Trade Date: 6/24
Shares: 17 million
Underwriter(s) Credit Suisse, Citigroup
Rating=Subscription Needed
Company: New Senior
Symbol: SNR
Price: Last trade $15.25
Trade Date: 6/24
Shares: 17.5 million
Underwriter(s) BofA Merrill Lynch, Citigroup, Morgan Stanley
Rating=Subscription Needed