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: National Storage Affiliates
Symbol: NSA
Price: Last trade $21.87
Trade Date: 6/30
Shares: 8.75 million
Underwriter(s) Jefferies, Morgan Stanley
Rating=Subscription Needed
Company: Healthcare Realty Trust-BLOCK
Symbol: HR
Price: Last trade $34.94
Description: Re-offer range $33.30-$34.30
Trade Date: 6/29
Shares: 8 million
Underwriter(s) Wells Fargo Securities, J.P. Morgan
Rating=Subscription Needed
Company: Eclipse Resources
Symbol: ECR
Price: Last trade $4.11
Description: Re-offer range $3.40-$3.70
Trade Date: 6/29
Shares: 37.5 million
Underwriter(s) Goldman Sachs, KeyBanc Capital Markets, Morgan Stanley, BMO Capital Markets
Rating=Subscription Needed