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: Care Trust REIT, Inc.
Symbol: CTRE
Price: Last trade $12.31
Trade Date: 8/13
Shares: 14.2 million
Underwriter(s) KeyBanc capital Markets, Raymond James, BMO Capital Markets, Barclays, RBC Capital Markets
Rating=Subscription Needed
Company: Shake Shack Inc.
Symbol: SHAK
Price: Last trade $70.64
Trade Date: 8/13
Shares: 4 million
Underwriter(s) J.P. Morgan, Morgan Stanley, Barclays, Goldman Sachs, Jefferies, William Blair & Co., Stifel
Rating=Subscription Needed
Company: Bright Horizons Family Solutions-BLOCK
Symbol: BFAM
Price: Last trade $62.08
Trade Date: 8/11
Shares: 3 million
Underwriter(s) Barclays
Rating=Subscription Needed
Company: Post Holdings
Symbol: POST
Price: Last trade $63.59
Trade Date: 8/13
Shares: 4.3 million
Underwriter(s) Credit Suisse, Barclays, Nomura Securities, BMO Capital Markets, Goldman Sachs, SunTrust Robinson Humphrey
Co Manager(s) Rabo Securities, Stifel, UBS
Rating=Subscription Needed
Company: National General Holdings Corp.
Symbol: NGHC
Price: Last trade $21.35
Trade Date: 8/13
Shares: 10 million
Underwriter(s) Morgan Stanley
Co Manager(s) JMP Securities, FBR Capital Markets, Keefe, Bruyette & Woods, William Blair & Co.
Rating=Subscription Needed
Company: Inotek Pharmaceuticals Corporation
Symbol: ITEK
Price: Last trade $13.21
Trade Date: 8/13
Shares: 4.5 million
Underwriter(s) Cowen & Co., Piper Jaffray, Nomura
Rating=Subscription Needed
Company: QTS Realty Trust, Inc.-BLOCK
Symbol: QTS
Price: Last trade $42.12
Trade Date: 8/11
Shares: 2.4 million
Underwriter(s) Deutsche Bank Securities
Rating=Subscription Needed