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: Citizens Financial Group, Inc.
Symbol: CFG
Price: Last trade $24.80
Trade Date: 3/26
Shares: 115 million
Underwriter(s) Morgan Stanley, Goldman Sachs, J.P. Morgan, Citigroup, Credit Suisse, Deutsche Bank Securities, RBS, UBS Investment Bank, Wells Fargo Securities
Co Manager(s) Barclays, Keefe, Bruyette & Woods, Oppenheimer, RBC Capital Markets, Sandler O’Neill & Partners
Rating=Subscription Needed
Company: Brixmor Property Group
Symbol: BRX
Price: Last trade $27.01
Trade Date: 3/24
Shares: 22.5 million
Underwriter(s) BofA Merrill Lynch, Credit Suisse, J.P. Morgan, Wells Fargo
Rating=Subscription Needed
Company: Gray Television Inc.
Symbol: GTN
Price: Last trade $14.42
Trade Date: 3/26
Shares: 12 million
Underwriter(s) Wells Fargo
Rating=Subscription Needed
Company: Diplomat Pharmacy, Inc.
Symbol: DPLO
Price: Last trade $27.79
Trade Date: 3/26
Shares: 7.4 million
Underwriter(s) Credit Suisse, Morgan Stanley, J.P. Morgan, Wells Fargo, William Blair, Leerink Partners, Raymond James
Rating=Subscription Needed
Company: Chesapeake Lodging Trust
Symbol: CHSP
Price: Last trade $34.51
Trade Date: 3/24
Shares: 3 million
Underwriter(s) J.P. Morgan, Deutsche Bank Securities
Rating=Subscription Needed
Company: Kennedy-Wilson Holdings, Inc.
Symbol: KW
Price: Last trade $26.14
Trade Date: 3/24
Shares: 7.5 million
Underwriter(s) Deutsche Bank Securities
Rating=Subscription Needed
Company: ZS Pharma
Symbol: ZSPH
Price: Last trade $46.65
Trade Date: 3/25
Shares: 3.3 million
Underwriter(s) J.P. Morgan, Credit Suisse, BMO Capital Markets
Co Manager(s) William Blair & Co., LifeSci Capital
Rating=Subscription Needed
Company: Arista Networks, Inc.-BLOCK
Symbol: ANET
Price: Last trade $72.65
Trade Date: 3/24
Shares: 1.6 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed
Company: Surgical Care Affiliates, Inc.
Symbol: SCAI
Price: Last trade $35.45
Trade Date: 3/27
Shares: 7 million
Underwriter(s) Goldman Sachs, Citigroup, J.P. Morgan, Barclays, BofA Merrill Lynch, Deutsche Bank, SunTrust
Rating=Subscription Needed
Company: Hercules Technology
Symbol: HTGC
Price: Last trade $13.92
Trade Date: 3/24
Shares: 6.6 million
Underwriter(s) Wells Fargo Securities, Raymond James, Keefe, Bruyette, & Woods
Rating=Subscription Needed
Company: La Quinta Holdings
Symbol: LQ
Price: Last trade $23.84
Trade Date: 3/25
Shares: 17.5 million
Underwriter(s) J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, Wells Fargo Securities
Co Manager(s) EA Markets, Evercore ISI, JMP Securities, Lebenthal Captial Markets, Loop Capital Markets, Mischler Financial Group, Ramirez & Co., Raympond James, RBC Capital Markets, Stifel
Rating=Subscription Needed
Company: Globant S.A.
Symbol: GLOB
Price: Last trade $17.84
Trade Date: 3/27
Shares: 2.9 million
Underwriter(s) Citigroup, J.P. Morgan, Credit Suisse
Rating=Subscription Needed
Company: Global Partners
Symbol: GLP
Price: Last trade $38.23
Trade Date: 3/24
Shares: 1.95 million
Underwriter(s) Barclays
Rating=Subscription Needed