Copeland Capital Management LLC cut its stake in Churchill Downs, Incorporated (NASDAQ: CHDN) by 7.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,514 shares of the company's stock after selling 21,358 shares during the quarter. Copeland Capital
Assenagon Asset Management S.A. trimmed its holdings in shares of Churchill Downs, Incorporated (NASDAQ: CHDN) by 21.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,768 shares of the company's stock after selling 15,998 shares during the quarter. Assenagon Asset
Churchill Downs' moat is moderate overall, but the Derby assets alone represent a wide, culturally entrenched monopoly with exceptional pricing power. Capital allocation favors buybacks over dividends, with share count reduced by 30% in a decade and ongoing investment in luxury Derby suites. Despite disruption risks from digital betting apps, the Derby's brand strength and resilient cash flows provide a margin of safety and optionality.
Churchill Downs (CHDN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors looking for stocks in the Gaming sector might want to consider either Churchill Downs (CHDN) or Take-Two Interactive (TTWO). But which of these two stocks is more attractive to value investors?
Cerity Partners LLC increased its position in shares of Churchill Downs, Incorporated (NASDAQ: CHDN) by 18.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,752 shares of the company's stock after acquiring an additional 12,460 shares during the period. Cerity Partners LLC
Shares of Churchill Downs, Incorporated (NASDAQ: CHDN - Get Free Report) have been given a consensus recommendation of "Buy" by the eleven brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation
Churchill Downs (CHDN) is initiated at Buy, after a ~15% YTD decline, offering growth at a reasonable price, amid capex concerns. CHDN's diversified revenue — racing, gaming, and digital — supports consistent EBITDA and FCF growth, with premium seat expansion driving future upside. Kentucky Derby viewership and wagers are growing at high-single digits, while digital initiatives, like TwinSpires and Exacta, expand market share.
Universal Entertainment (OTCMKTS:UETMF - Get Free Report) and Churchill Downs (NASDAQ: CHDN - Get Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, dividends, valuation, earnings, profitability and analyst recommendations. Risk and Volatility Universal Entertainment has a
Creative Planning raised its stake in shares of Churchill Downs, Incorporated (NASDAQ: CHDN) by 87.4% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,085 shares of the company's stock after buying an additional 3,770 shares during the quarter. Creative Planning's holdings