Thursday, March 13, 2014

Georgia IPOs During Obama: 12 Companies Up 46% Over 31 Month Average Period.....8 Non-REITs Up 73%

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 12 Georgia Companies filing IPOs so far during the Obama Administration .....from Jan 2009 through Feb 2014..... which have a Market Capitalization of more than $100 mil presently or were sold for at least that amount.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized heavily.

These 12 Georgia Companies had their average stock market price increase by a very impressive 46% over a short 31 month average period of time that their common stocks traded through the most recent date March 13, 2014.

Bringing down this average stock market price growth of 46% were the 4 REITs, which had an average stock market price decline of 6%.  This lower stock price growth for US REITs only makes sense because REITs are required to distribute annually at least 90% of their taxable income in order to retain their tax-exempt status.

The 8 Georgia Non-REITs had an average stock market price growth of an exceptional 73%, led by FleetCor Technologies which experienced a massive 325% stock market price increase.  Altogether 3 of the 8 Georgia Non-REITs had their stock prices more than double.

Below here are the stock market prices on the most recent date March 13, 2014 or the date the Company was sold and also at the close on the first day of the IPO, as well as the related % Market Price Change for this period of time, for these 12 Georgia Companies:

1st Day

3-13-14 IPO %

Stock Closing Market

Market Market Price
Date Company HQs Sector Industry Price Price Change

Georgia IPOs During Obama


2/10/10 Piedmont Office Trust Realty  Johns Creek Financial REIT-Office $16.64 $15.60 7%
12/12/13 CatchMark Timber Trust   Norcross Industrial Goods REIT $13.16 $13.50 -3%
6/26/09 Invesco Mortgage Capital Atlanta Financial REIT-Mortgage Investments $17.21 $19.42 -11%
4/1/11 Preferred Apartment Communities  Atlanta Financial REIT-Apartments $8.23 $9.85 -16%

Average % Change all 4 REITs



12/15/10 FleetCor Technologies  Norcross Services Business Services $117.92 $27.75 325%
4/1/10 Primaerica  Duluth Financial Life Insurance $46.66 $19.65 137%
10/28/10 ExamWorks Group  Atlanta Services Business Services $33.92 $16.80 102%
2/2/12 Greenway Medical Technologies  Carrollton Healthcare Information Technology $20.00 $13.00 54%
6/27/13 HD Supply Holdings  Atlanta Services Industrial Equipment Wholesale $22.99 $18.66 23%
9/13/13 OCI Resources LP    Atlanta Basic Materials Industrial Metals & Minerals $22.00 $18.00 22%
4/22/10 Alimera Sciences  Alpharetta Healthcare Drug Manufacturers-Major $6.74 $11.00 -39%
7/28/11 Teavana Holdings  Atlanta Services Specialty Retailer $15.50 $27.80 -44%

Average % Change all 8 Non-REITs


Average % Change all 12


Average Number of Months 12 Stocks Traded 31