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: New Residential Investment Corp.
Symbol: NRZ
Price: Last trade $15.37
Trade Date: 4/8
Shares: 40 million
Underwriter(s) Citigroup
Rating=Subscription Needed
Company: Capitala Finance Corp.
Symbol: CPTA
Price: Last trade $18.86
Trade Date: 4/8
Shares: 3.5 million
Underwriter(s) UBS Securities, Jefferies, Keefe, Bruyette & Woods, BB&T
Co Manager(s) Oppenheimer & Co., Wunderlich Securities, JMP Securities, Stephens, Inc., Ladenburg Thalmann & Co., Sandler O’Neill & Partners
Rating=Subscription Needed
Company: Lions Gate
Symbol: LGF
Price: Last trade $33.68
Trade Date: 4/8
Shares: 10 million
Underwriter(s) J.P. Morgan
Rating=Subscription Needed
Company: uniQure
Symbol: QURE
Price: Last trade $33.63
Trade Date: 4/10
Shares: 3 million
Underwriter(s) Leerink Partners, Cowen & Co, Piper Jaffray
Co Manager(s) Oppenheimer & Co., H.C. Wainwright
Rating=Subscription Needed
Company: Mattress Firm Holding Corp.
Symbol: MFRM
Price: Last trade $67.31
Trade Date: 4/8
Shares: 1.5 million
Underwriter(s) UBS Investment Bank
Rating=Subscription Needed
Company: Brookfield Infrastructure
[Symbol: BIP
Price: Last trade $45.88
Trade Date: 4/8
Shares: 8.9 million
Underwriter(s) RBC Capital Markets, Credit Suisse, HSBC, TD Securities
Rating=Subscription Needed