Glenview Trust Co Decreases Holdings in Churchill Downs, Incorporated $CHDN

Posted by Francis Steltz on Jul 21st, 2026

Glenview Trust Co decreased its position in Churchill Downs, Incorporated (NASDAQ:CHDN – Free Report) by 4.1% during the 1st quarter, Holdings Channel reports. The firm owned 203,449 shares of the company’s stock after selling 8,757 shares during the quarter. Glenview Trust Co’s holdings in Churchill Downs were worth $18,276,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp grew its stake in Churchill Downs by 6,547.6% in the 4th quarter. Fifth Third Bancorp now owns 52,649 shares of the company’s stock worth $5,990,000 after acquiring an additional 51,857 shares during the period. UBS Group AG increased its stake in Churchill Downs by 26.9% during the fourth quarter. UBS Group AG now owns 350,982 shares of the company’s stock worth $39,935,000 after acquiring an additional 74,421 shares during the last quarter. M&T Bank Corp purchased a new position in Churchill Downs in the fourth quarter valued at approximately $4,266,000. JPMorgan Chase & Co. raised its stake 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 acquiring an additional 16,646 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of Churchill Downs by 126.1% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 46,813 shares of the company’s stock worth $5,326,000 after purchasing an additional 26,105 shares in the last quarter. 82.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CHDN. Citigroup reissued an “outperform” rating on shares of Churchill Downs in a research report on Friday, April 24th. Mizuho increased their target price on Churchill Downs from $146.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Truist Financial set a $145.00 price target on shares of Churchill Downs in a report on Friday, June 12th. Citizens Jmp raised their target price on Churchill Downs from $146.00 to $149.00 and gave the company a “market outperform” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company reduced their price objective on Churchill Downs from $132.00 to $120.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Churchill Downs currently has an average rating of “Moderate Buy” and an average price target of $138.50.

Get Our Latest Stock Report on CHDN

Churchill Downs Price Performance

NASDAQ CHDN opened at $83.71 on Tuesday. The stock has a market capitalization of $5.83 billion, a P/E ratio of 15.50, a P/E/G ratio of 0.57 and a beta of 0.67. Churchill Downs, Incorporated has a 1 year low of $80.24 and a 1 year high of $118.46. The business’s fifty day moving average is $86.95 and its two-hundred day moving average is $91.95. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.54 and a current ratio of 0.54.

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 for the quarter, topping the consensus estimate of $1.06 by $0.15. The business had revenue of $663.00 million during 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 company’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company posted $1.07 EPS. On average, research analysts forecast that Churchill Downs, Incorporated will post 7.14 earnings per share for the current fiscal year.

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.