Churchill Downs, Incorporated $CHDN Shares Purchased by GW&K Investment Management LLC

Posted by on Jun 10th, 2026

GW&K Investment Management LLC increased its position in shares of Churchill Downs, Incorporated (NASDAQ:CHDN – Free Report) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 682,196 shares of the company’s stock after purchasing an additional 76,703 shares during the period. GW&K Investment Management LLC owned 0.98% of Churchill Downs worth $77,621,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CHDN. Norges Bank acquired a new position in shares of Churchill Downs during the fourth quarter worth $90,529,000. AQR Capital Management LLC grew its stake in shares of Churchill Downs by 22,974.8% during the second quarter. AQR Capital Management LLC now owns 788,006 shares of the company’s stock worth $79,352,000 after purchasing an additional 784,591 shares in the last quarter. Alua Capital Management LP acquired a new position in shares of Churchill Downs during the third quarter worth $48,532,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Churchill Downs by 49.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,376,402 shares of the company’s stock worth $133,525,000 after purchasing an additional 452,716 shares in the last quarter. Finally, Capital International Investors grew its stake in shares of Churchill Downs by 16.3% during the third quarter. Capital International Investors now owns 3,098,598 shares of the company’s stock worth $300,595,000 after purchasing an additional 434,669 shares in the last quarter. Institutional investors and hedge funds own 82.59% of the company’s stock.

Churchill Downs Stock Performance

NASDAQ CHDN opened at $88.82 on Wednesday. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.54 and a quick ratio of 0.54. Churchill Downs, Incorporated has a 1 year low of $80.24 and a 1 year high of $118.46. The company has a market capitalization of $6.19 billion, a PE ratio of 16.45, a P/E/G ratio of 0.57 and a beta of 0.68. The company has a fifty day moving average of $89.70 and a two-hundred day moving average of $97.15.

Churchill Downs (NASDAQ:CHDN – Get Free Report) last released its quarterly earnings data 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. Churchill Downs had a net margin of 13.21% and a return on equity of 43.50%. The company had revenue of $663.00 million during the quarter, compared to the consensus estimate of $659.32 million. During the same quarter in the prior year, the firm posted $1.07 earnings per share. Churchill Downs’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, analysts expect that Churchill Downs, Incorporated will post 7.32 earnings per share for the current year.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on Churchill Downs

Churchill Downs Profile

(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.

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Institutional Ownership by Quarter for Churchill Downs (NASDAQ:CHDN)

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