China Yuchai International (NYSE:CYD) Cut to Hold at Greenridge Global

China Yuchai International (NYSE:CYD) was downgraded by research analysts at Greenridge Global from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Separately, StockNews.com lowered China Yuchai International from a “buy” rating to a “hold” rating in a report on Friday.

China Yuchai International Trading Up 3.8 %

Shares of NYSE CYD opened at $21.39 on Wednesday. China Yuchai International has a 12 month low of $7.95 and a 12 month high of $26.10. The firm has a market capitalization of $5.77 million, a price-to-earnings ratio of 13.20 and a beta of 1.02. The business has a 50-day moving average of $12.11 and a 200-day moving average of $11.33.

Institutional Trading of China Yuchai International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in China Yuchai International by 2.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock worth $1,102,000 after buying an additional 1,842 shares in the last quarter. Verity Asset Management Inc. boosted its stake in China Yuchai International by 19.5% in the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after buying an additional 4,029 shares in the last quarter. Shah Capital Management boosted its stake in China Yuchai International by 3.0% in the fourth quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock worth $41,412,000 after buying an additional 128,509 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in China Yuchai International by 299.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock worth $130,000 after buying an additional 10,207 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in China Yuchai International by 42.2% in the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock worth $450,000 after buying an additional 14,030 shares in the last quarter.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.