China Yuchai International (CYD) Downgraded by ValuEngine

ValuEngine lowered shares of China Yuchai International (NYSE:CYD) from a strong-buy rating to a buy rating in a research report report published on Friday morning.

Separately, BidaskClub downgraded shares of China Yuchai International from a strong-buy rating to a buy rating in a report on Thursday, August 3rd.

Shares of China Yuchai International (NYSE CYD) opened at $26.19 on Friday. China Yuchai International has a fifty-two week low of $12.41 and a fifty-two week high of $26.62. The company has a market cap of $1,044.78, a P/E ratio of 9.21 and a beta of 0.85.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brandes Investment Partners LP raised its holdings in shares of China Yuchai International by 2.3% in the 3rd quarter. Brandes Investment Partners LP now owns 1,184,497 shares of the company’s stock worth $26,575,000 after purchasing an additional 26,886 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of China Yuchai International by 9.1% in the third quarter. First Eagle Investment Management LLC now owns 256,947 shares of the company’s stock worth $5,720,000 after acquiring an additional 21,452 shares in the last quarter. Sensato Investors LLC increased its position in shares of China Yuchai International by 95.5% in the second quarter. Sensato Investors LLC now owns 216,166 shares of the company’s stock worth $3,936,000 after acquiring an additional 105,582 shares in the last quarter. Dorsey Wright & Associates purchased a new position in shares of China Yuchai International in the third quarter worth approximately $4,283,000. Finally, Aperio Group LLC increased its position in shares of China Yuchai International by 13.7% in the third quarter. Aperio Group LLC now owns 162,548 shares of the company’s stock worth $3,618,000 after acquiring an additional 19,639 shares in the last quarter. Institutional investors and hedge funds own 26.55% of the company’s stock.

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China Yuchai International Company Profile

China Yuchai International Limited is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). It holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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