Trexquant Investment Adds $13M in Churchill Downs Incorporated ($CHDN)
Key Points
- Trexquant Investment changed its Churchill Downs Incorporated ($CHDN) stake by 121.1% last quarter, boosting to 268,086 shares worth $23.31 million.
- Wall Street's consensus rating on $CHDN is Strong Buy and an average price target of $137.25.
- $CHDN last traded around $86.94.
Trexquant Investment increased its position in Churchill Downs Incorporated ($CHDN) by 121.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 268,086 shares of Churchill Downs Incorporated after buying 146,854 shares during the quarter. Trexquant Investment's holdings in Churchill Downs Incorporated were worth $23.31 million as of its most recent filing.
Churchill Downs Incorporated ($CHDN) Stock
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Churchill Downs Incorporated Dividend
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About Churchill Downs Incorporated
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
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