Connor Clark & Lunn Investment Management Ltd. Acquires 56,085 Shares of China Yuchai International Limited $CYD

Connor Clark & Lunn Investment Management Ltd. boosted its holdings in China Yuchai International Limited (NYSE:CYD) by 70.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,881 shares of the company’s stock after buying an additional 56,085 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in China Yuchai International were worth $3,249,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CYD. Pinpoint Asset Management Ltd bought a new stake in shares of China Yuchai International in the first quarter valued at approximately $3,382,000. Trexquant Investment LP bought a new stake in China Yuchai International in the 1st quarter valued at $258,000. Hhlr Advisors LTD. acquired a new stake in China Yuchai International in the 1st quarter worth $1,189,000. Goldman Sachs Group Inc. bought a new position in shares of China Yuchai International during the 1st quarter worth about $422,000. Finally, Jane Street Group LLC acquired a new position in shares of China Yuchai International during the first quarter valued at about $1,409,000.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Weiss Ratings reissued a “hold (c)” rating on shares of China Yuchai International in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered China Yuchai International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, China Yuchai International has an average rating of “Hold”.

China Yuchai International Price Performance

Shares of CYD opened at $36.39 on Friday. China Yuchai International Limited has a 1 year low of $8.61 and a 1 year high of $42.60. The stock has a 50 day simple moving average of $38.07 and a 200-day simple moving average of $28.24.

China Yuchai International 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.