Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company. The company has market cap of $4.02 billion. It operates through Racing, Casinos, TwinSpires, Big Fish Games, and Other Investments divisions. It has a 33.07 P/E ratio. The firm operates racing facilities, such as Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 10 off-track betting facilities in Illinois; Fair Grounds Race Course in New Orleans along with 12 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida.
Northpointe Capital Llc increased Kadant Inc (KAI) stake by 38.2% reported in 2017Q3 SEC filing. Northpointe Capital Llc acquired 20,441 shares as Kadant Inc (KAI)’s stock rose 13.03%. The Northpointe Capital Llc holds 73,947 shares with $7.29 million value, up from 53,506 last quarter. Kadant Inc now has $1.07 billion valuation. The stock decreased 0.62% or $0.6 during the last trading session, reaching $96.8. About 77,317 shares traded or 30.60% up from the average. Kadant Inc. (NYSE:KAI) has risen 45.38% since February 17, 2017 and is uptrending. It has outperformed by 28.68% the S&P500.
Three Bays Capital Lp holds 15.34% of its portfolio in Churchill Downs Incorporated for 1.00 million shares. Cypress Funds Llc owns 162,000 shares or 6.84% of their US portfolio. Moreover, Rk Capital Management Llc has 2.67% invested in the company for 55,562 shares. The Massachusetts-based Par Capital Management Inc has invested 1.91% in the stock. Elk Creek Partners Llc, a Colorado-based fund reported 104,879 shares.
Since January 1, 0001, it had 0 buys, and 2 insider sales for $1.97 million activity.
The stock increased 0.63% or $1.65 during the last trading session, reaching $263.55. About 112,812 shares traded. Churchill Downs Incorporated (CHDN) has risen 34.01% since February 17, 2017 and is uptrending. It has outperformed by 17.31% the S&P500.
Ratings analysis reveals 67% of Churchill Downs’s analysts are positive. Out of 3 Wall Street analysts rating Churchill Downs, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $165.0 while the high is $172.0. The stock’s average target of $168.50 is -36.07% below today’s ($263.55) share price. CHDN was included in 3 notes of analysts from September 22, 2016. The stock has “Neutral” rating by JP Morgan on Thursday, September 22. Imperial Capital maintained Churchill Downs Incorporated (NASDAQ:CHDN) on Friday, October 14 with “Outperform” rating. Telsey Advisory maintained the stock with “Outperform” rating in Monday, October 31 report.
Analysts await Churchill Downs Incorporated (NASDAQ:CHDN) to report earnings on February, 27. They expect $0.44 EPS, down 35.29% or $0.24 from last year’s $0.68 per share. CHDN’s profit will be $6.70 million for 149.74 P/E if the $0.44 EPS becomes a reality. After $1.08 actual EPS reported by Churchill Downs Incorporated for the previous quarter, Wall Street now forecasts -59.26% negative EPS growth.
Northpointe Capital Llc decreased Post Hldgs Inc (NYSE:POST) stake by 47,881 shares to 4,747 valued at $419,000 in 2017Q3. It also reduced Baxter Intl Inc (NYSE:BAX) stake by 25,095 shares and now owns 71,054 shares. First Fndtn Inc (NASDAQ:FFWM) was reduced too.
Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.21, from 1.17 in 2017Q2. It improved, as 12 investors sold KAI shares while 43 reduced holdings. 33 funds opened positions while 43 raised stakes. 9.19 million shares or 0.66% more from 9.12 million shares in 2017Q2 were reported. Mufg Americas Holdings reported 0% of its portfolio in Kadant Inc. (NYSE:KAI). 40,880 are held by Rmb Capital Management Limited. Bogle Invest Mngmt LP De invested in 48,639 shares. Sterling Mgmt Ltd Liability holds 18,674 shares. Ameriprise Finance accumulated 0% or 68,579 shares. Smith Asset Gp Limited Partnership holds 36,640 shares or 0.12% of its portfolio. Oak Assoc Oh has 7,630 shares for 0.06% of their portfolio. Dimensional Fund LP has invested 0.04% of its portfolio in Kadant Inc. (NYSE:KAI). Wellington Grp Inc Limited Liability Partnership has invested 0% in Kadant Inc. (NYSE:KAI). Employees Retirement Association Of Colorado has invested 0% in Kadant Inc. (NYSE:KAI). 17,900 were reported by Swiss Financial Bank. Seizert Cap Prtn Ltd reported 0.09% of its portfolio in Kadant Inc. (NYSE:KAI). Parametric Port Associates Limited Liability Com stated it has 55,772 shares or 0.01% of all its holdings. 9,150 were accumulated by Perritt Management. Sensato Investors Lc reported 3,014 shares.
Since September 18, 2017, it had 0 insider buys, and 4 insider sales for $1.15 million activity. On Tuesday, January 2 the insider LAMBERT SANDRA L sold $400,047. $140,357 worth of stock was sold by MCKENNEY MICHAEL J on Friday, December 15. The insider Tully William P sold $112,000. Shares for $492,800 were sold by ALBERTINE JOHN M.
Among 6 analysts covering Kadant (NYSE:KAI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kadant had 7 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Kadant Inc. (NYSE:KAI) earned “Market Perform” rating by William Blair on Friday, September 16. On Friday, August 5 the stock rating was maintained by Barrington Research with “Outperform”. The stock has “Hold” rating by Zacks on Wednesday, August 12. On Thursday, October 29 the stock rating was initiated by Macquarie Research with “Neutral”. Seaport Global upgraded Kadant Inc. (NYSE:KAI) on Thursday, August 18 to “Buy” rating. The company was downgraded on Tuesday, October 3 by Sidoti.