Churchill Downs, Incorporated $CHDN Shares Bought by Intech Investment Management LLC

Posted by Stanley Muller on Jun 1st, 2026

Intech Investment Management LLC raised its holdings in Churchill Downs, Incorporated (NASDAQ:CHDN – Free Report) by 827.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 38,049 shares of the company’s stock after buying an additional 33,946 shares during the period. Intech Investment Management LLC’s holdings in Churchill Downs were worth $4,329,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp raised its position in shares of Churchill Downs by 6,547.6% in the 4th quarter. Fifth Third Bancorp now owns 52,649 shares of the company’s stock valued at $5,990,000 after purchasing an additional 51,857 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Churchill Downs by 8.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,834 shares of the company’s stock valued at $21,326,000 after purchasing an additional 16,646 shares in the last quarter. UBS Group AG raised its position in shares of Churchill Downs by 26.9% in the 4th quarter. UBS Group AG now owns 350,982 shares of the company’s stock valued at $39,935,000 after purchasing an additional 74,421 shares in the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of Churchill Downs during the 3rd quarter valued at approximately $3,869,000. Finally, William Blair Investment Management LLC raised its position in shares of Churchill Downs by 9.2% during the 3rd quarter. William Blair Investment Management LLC now owns 1,017,726 shares of the company’s stock valued at $98,730,000 after acquiring an additional 85,925 shares in the last quarter. 82.59% of the stock is owned by institutional investors and hedge funds.

Churchill Downs Stock Performance

CHDN stock opened at $87.21 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.44. The firm has a market cap of $6.08 billion, a P/E ratio of 16.15, a P/E/G ratio of 0.58 and a beta of 0.68. Churchill Downs, Incorporated has a 12-month low of $80.24 and a 12-month high of $118.46. The stock’s 50 day simple moving average is $89.49 and its 200 day simple moving average is $97.81.

Churchill Downs (NASDAQ:CHDN – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.15. The business had revenue of $663.00 million for the quarter, compared to analyst estimates of $659.32 million. Churchill Downs had a return on equity of 43.50% and a net margin of 13.21%.The business’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 EPS. As a group, equities research analysts predict that Churchill Downs, Incorporated will post 7.32 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CHDN shares. Citizens Jmp upped their price target on Churchill Downs from $146.00 to $149.00 and gave the company a “market outperform” rating in a research report on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating on shares of Churchill Downs in a research report on Tuesday, April 21st. Mizuho upped their price target on Churchill Downs from $146.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Wells Fargo & Company reissued an “overweight” rating and set a $130.00 price target (up from $124.00) on shares of Churchill Downs in a research report on Thursday, April 16th. Finally, Citigroup reissued an “outperform” rating on shares of Churchill Downs in a research report on Friday, April 24th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $139.00.

View Our Latest Report on CHDN

About Churchill Downs

(Free Report)

Churchill Downs Incorporated is a leading American entertainment and gaming company best known for operating the Churchill Downs racetrack in Louisville, Kentucky, home of the annual Kentucky Derby. Beyond its signature thoroughbred racing venue, the company manages a diversified portfolio of live racing facilities, casinos, and off-track betting operations. Its services encompass pari-mutuel wagering, historical horse racing machines, and online betting through its TwinSpires platform, reaching horse racing and sports betting enthusiasts nationwide.

In its live racing segment, Churchill Downs oversees a network of racetracks and racing festivals, offering year-round events in multiple states.