O Shaughnessy Asset Management LLC Takes $29.66 Million Position in BRP Inc (DOOO)
O Shaughnessy Asset Management LLC bought a new stake in shares of BRP Inc (NASDAQ:DOOO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 638,731 shares of the company’s stock, valued at approximately $29,655,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. CLARET ASSET MANAGEMENT Corp bought a new stake in BRP during the 3rd quarter valued at $300,000. ARP Americas LP bought a new stake in BRP during the 3rd quarter valued at $320,000. Signition LP bought a new stake in BRP during the 3rd quarter valued at $567,000. CIBC Asset Management Inc bought a new stake in BRP during the 3rd quarter valued at $877,000. Finally, Bank of Montreal Can bought a new stake in BRP during the 3rd quarter valued at $39,716,000. 1.14% of the stock is currently owned by institutional investors and hedge funds.
BRP stock opened at $38.54 on Friday. BRP Inc has a 1-year low of $33.58 and a 1-year high of $55.41.
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, side-by-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts.
Featured Story: Risk Tolerance
Want to see what other hedge funds are holding DOOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BRP Inc (NASDAQ:DOOO).
Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.