China Yuchai International (NYSE:CYD) Rating Lowered to “Hold” at StockNews.com

China Yuchai International (NYSE:CYD) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

China Yuchai International Stock Down 12.0 %

CYD opened at $18.93 on Friday. China Yuchai International has a 52-week low of $7.95 and a 52-week high of $26.10. The company has a 50 day moving average of $12.32 and a two-hundred day moving average of $11.39. The company has a market cap of $5.11 million, a P/E ratio of 11.68 and a beta of 1.02.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Nomura Holdings Inc. acquired a new position in shares of China Yuchai International during the fourth quarter worth $191,000. Millennium Management LLC lifted its position in shares of China Yuchai International by 42.2% during the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock worth $450,000 after purchasing an additional 14,030 shares in the last quarter. Verity Asset Management Inc. lifted its position in shares of China Yuchai International by 19.5% during the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after purchasing an additional 4,029 shares in the last quarter. Shah Capital Management lifted its position in shares of China Yuchai International by 3.0% during the fourth quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock worth $41,412,000 after purchasing an additional 128,509 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of China Yuchai International by 299.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock worth $130,000 after purchasing an additional 10,207 shares in the last quarter.

China Yuchai International Company Profile

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.