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: The Habit Restaurants, Inc.
Symbol: HABT
Price: Last trade $30.34
Trade Date: 4/10
Shares: 5 million
Underwriter(s) Piper Jaffray, Robert Baird, Wells Fargo Securities, Raymond James
Co Manager(s) Stifel, Stephens
Rating=Subscription Needed
Company: Gramercy Property Trust Inc.
Symbol: GPT
Price: Last trade $28.60
Trade Date: 4/9
Shares: 7.0 million
Underwriter(s) BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets, J.P. Morgan
Rating=Subscription Needed
Company: Memorial Production Partners LP
Symbol: MEMP
Price: Last trade $17.36
Trade Date: 4/9
Shares: 4.6 million
Underwriter(s) Goldman Sachs, UBS Investment Bank
Rating=Subscription Needed
Company: Spirit Realty Capital, Inc.-BLOCK
Symbol: SRC
Price: Last Trade $12.11
Trade Date: 4/9
Shares: 20.0 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed