Mackenzie Financial Reduces $21M in BRP Inc. ($DOO)
Key Points
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Mackenzie Financial reduced its position in BRP Inc. ($DOO) by 12.06% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,560,680 shares of BRP Inc. after selling 351,150 shares during the quarter. Mackenzie Financial's holdings in BRP Inc. were worth $156.25 million as of its most recent filing.
BRP Inc. Stock Down 1.4%
Shares of BRP Inc. ($DOO) traded around $61.02 on Saturday, down 1.4% for the day.
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Analysts Set New Price Targets
About BRP Inc.
BRP Inc., together with its subsidiaries, designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally. It operate4s through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as all-terrain vehicles, side-by-side vehicles, and three-wheeled and two vehicles; seasonal products, including snowmobiles, personal watercraft, and pontoons; and OEM engines, which includes parts, accessories and apparel (PA&A), engines for karts, recreational aircraft and jet boats, and other services. The Marine segment includes boats, pontoons, related PA&A, and other services. It offers its products under SKI-DOO, LYNX, CAN-AM, SEA-DOO, QUINTREX, ROTAX brands. The company was formerly known as J.A. Bombardier (J.A.B.) Inc. and changed its name to BRP Inc. in April 2013. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada.
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