Research Reports

Reports from the Hilliard Lyons research department are available for clients. If you have any questions, please contact your Hilliard Lyons Financial Consultant.

Reports published February 22, 2017

Welltower, Inc. (HCN)

Fourth Quarter a Little Worse Than Expected

Gladstone Land Corp. (LAND)

Conference Call Discussion

American Campus Communities (ACC)

Fourth Quarter Results

American Water Works Co. (AWK)

Q4 Results from AWK.  Reiterating LTB Rating.

Gladstone Land Corp. (LAND)

Q4 Results Equal Our Estimate.

Reports published February 21, 2017

Bristol-Myers Squibb Company (BMY)

Accelerated Share Repurchase Program Announced in Addition to Board Changes

Education Realty Trust (EDR)

Fourth Quarter Results

Consolidated Edison (ED)

Company Reports Higher Fourth Quarter, Full-Year Results and Introduces 2017 Guidance

Delta Natural Gas Company (DGAS)

Company to be Acquired for $30.50 Per Share in Cash

The J.M. Smucker Company (SJM)

3Q Results Were A Bit Light, In Our View

Franklin Electric Co., Inc. (FELE)

FELE Ends 2017 with Strong Q4 Report; Reiterating Neutral Rating.

Ameren Corp. (AEE)

AEE Reports Solid 2016 Earnings and Introduces 2017 Guidance

SoTHERLY Hotels Inc. (SOHO)

Fourth Quarter Results

Reports published February 17, 2017

National Health Investors, Inc.  (NHI)

Q4 Earnings Update

TripAdvisor Inc. (TRIP)

TRIP Reports Weak Q4 Results; Outlook Remains Pressured

Duke Energy (DUK)

Company Reports Solid Fourth Quarter Results and Introduces 2017 Guidance

Utilities Monthly

Natural Gas and Water

Reports published February 16, 2017

Healthcare Realty, Inc. (HR)

Conference Call Update

Entergy Corporation (ETR)

Company Reports Solid Fourth Quarter Results and Initiates 2017 Earnings Guidance

Cedar Fair Entertainment Co. (FUN)

Good 4Q Results; Raising Price Target

Gladstone Commercial Corp.  (GOOD)

Conference Call Discussion

Healthcare Realty Trust (HR)

Fourth Quarter Earnings Highlights

Gladstone Commercial Corp.  (GOOD)

Fourth Quarter Earnings

Reports published February 15, 2017

Cincinnati Bell (CBB)

CBB Reports Solid Fourth Quarter Results; Company Introduces 2017 Guidance

Tanger Factory Outlet Centers, Inc. (SKT)

Fourth Quarter Results

 Reports published February 14, 2017

Industrials Monthly

Sector Update

Closed-End Funds

February, 2017 Update

DDR Corp.  (DDR)

Fourth Quarter Results

Energy

Monthly Update

Meridian Bioscience   (VIVO)

Tweaking Estimates After 10-Q Review and Discussion with Management

Reports published February 13, 2017

Cerner Corp. (CERN)

Cerner Reports Inline Q4'16 Results; Outlook Reduced; Cutting Long Term Price Target to $64 to $70

HCP, Inc.  (HCP)

Fourth Quarter Conference Call Highlights

            HCP, Inc.  (HCP)

Fourth Quarter Earnings Highlights

            Activision Blizzard  (ATVI)

Strong 4Q Results; 2017 Guidance Underwhelms; We Suggest Taking Some Profits. Rating Reduced to Underperform.

Reports published February 10, 2017

Ventas, Inc.  (VTR)

Fourth Quarter Earnings

WWE, Inc.  (WWE)

Solid 4Q Results; Encouraging 2017 Outlook

Teradata Corp.  (TDC)

Mixed Q4'16 Results; Transition to Subscription Model to Increase Costs and Reduce Revenue in FY'17

Regal Entertainment Group   (RGC)

Strong 4Q Results; Slight Raise to 2017 Estimates; Neutral Rating Based On Valuation

Landauer Inc.  (LDR)

Revenue Beat Delivered by Military Sales and Solid International Results

Gladstone Capital Corp.  (GLAD)

F1Q17 Review - Downgrading to Underperform on Valuation

Reports published February 9, 2017

Omega Healthcare Investors  (OHI)

Q4 Earnings Update

Pinnacle Financial Partners (PNFP)

Tweaking Estimates and Reaffirming Neutral Rating

Take-Two Interactive (TTWO)

Strong Fiscal 3Q Results; Neutral Rating Based on Valuation

Omega Healthcare Investors (OHI)

Q4 Conference Call Discussion

WGL Holdings (WGL)

Q1'17 Results from WGL; Reiterating Neutral Rating

Reports published February 8, 2017

New Jersey Resources Corp. (NJR)

Timing Drives Lower Q1'17 Results for NJR; Full Year Expectations Intact.  Maintaining Neutral Rating.

Walt Disney Company (DIS)

Lower 1Q Results But Ahead of Expectations; Raising Price Target Based on Earnings Outlook.

Midwest Bank Quarterly

4Q16 Review

Multi-Color Corp.  (LABL)

Mixed Fiscal Q3'17 Shows Growth but Misses Expectations

Atmos Energy Corporation  (ATO)

Fiscal Q1’17 Results from ATO; Reiterating Neutral Rating

Gladstone Investment Corporation (GAIN)

Higher Expenses Drive Miss -- Reaffirming Neutral Rating