O Shaughnessy Asset Management LLC Trims Position in China Yuchai International (CYD)

O Shaughnessy Asset Management LLC decreased its holdings in China Yuchai International (NYSE:CYD) by 31.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,127 shares of the company’s stock after selling 32,504 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.17% of China Yuchai International worth $1,506,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in CYD. Acadian Asset Management LLC raised its position in China Yuchai International by 1.3% in the 4th quarter. Acadian Asset Management LLC now owns 1,260,412 shares of the company’s stock valued at $30,249,000 after purchasing an additional 16,554 shares during the last quarter. James Investment Research Inc. raised its position in China Yuchai International by 1.9% in the 4th quarter. James Investment Research Inc. now owns 118,755 shares of the company’s stock valued at $2,850,000 after purchasing an additional 2,175 shares during the last quarter. California Public Employees Retirement System raised its position in China Yuchai International by 32.2% in the 4th quarter. California Public Employees Retirement System now owns 161,972 shares of the company’s stock valued at $3,887,000 after purchasing an additional 39,441 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in China Yuchai International in the 4th quarter valued at $200,000. Finally, Schroder Investment Management Group raised its position in China Yuchai International by 9.9% in the 4th quarter. Schroder Investment Management Group now owns 79,590 shares of the company’s stock valued at $1,910,000 after purchasing an additional 7,171 shares during the last quarter. Hedge funds and other institutional investors own 26.92% of the company’s stock.

CYD stock opened at $20.45 on Thursday. The firm has a market capitalization of $847.66 million, a P/E ratio of 7.21 and a beta of 1.08. China Yuchai International has a 12 month low of $20.62 and a 12 month high of $20.98.

China Yuchai International (NYSE:CYD) last announced its quarterly earnings data on Thursday, May 10th. The company reported $0.94 earnings per share (EPS) for the quarter. The company had revenue of $689.73 million for the quarter. China Yuchai International had a net margin of 5.95% and a return on equity of 27.18%.

Several research firms recently commented on CYD. TheStreet downgraded shares of China Yuchai International from a “b-” rating to a “c+” rating in a research report on Tuesday. ValuEngine downgraded shares of China Yuchai International from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China (PRC) and internationally. It operates in two segments, Yuchai and HLGE. The company provides engines for light, medium, and heavy-duty trucks, buses, passenger vehicles, and construction equipment; generator sets; and marine, industrial, and construction and agriculture applications, as well as supplies after-market parts and services.

Institutional Ownership by Quarter for China Yuchai International (NYSE:CYD)

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