China Yuchai International (NYSE:CYD) Director Poh Kiat Neo Sells 8,000 Shares

China Yuchai International Limited (NYSE:CYD) Director Poh Kiat Neo sold 8,000 shares of China Yuchai International stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $45.69, for a total value of $365,520.00. Following the transaction, the director owned 8,000 shares of the company’s stock, valued at $365,520. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

China Yuchai International Trading Down 1.8%

NYSE:CYD opened at $45.58 on Wednesday. China Yuchai International Limited has a one year low of $28.65 and a one year high of $61.48. The firm’s fifty day moving average price is $46.78 and its two-hundred day moving average price is $46.78.

China Yuchai International Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, July 28th. Shareholders of record on Friday, July 17th were issued a $0.87 dividend. The ex-dividend date of this dividend was Friday, July 17th. This represents a dividend yield of 198.0%. This is a boost from China Yuchai International’s previous annual dividend of $0.53.

Institutional Investors Weigh In On China Yuchai International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Personal CFO Solutions LLC grew its position in China Yuchai International by 2.9% during the first quarter. Personal CFO Solutions LLC now owns 10,568 shares of the company’s stock valued at $407,000 after buying an additional 293 shares during the period. State of Wyoming raised its position in China Yuchai International by 9.8% in the fourth quarter. State of Wyoming now owns 4,956 shares of the company’s stock worth $176,000 after acquiring an additional 443 shares during the period. Public Employees Retirement System of Ohio boosted its stake in China Yuchai International by 1.7% in the first quarter. Public Employees Retirement System of Ohio now owns 35,186 shares of the company’s stock valued at $1,355,000 after acquiring an additional 603 shares during the last quarter. AdvisorShares Investments LLC boosted its stake in China Yuchai International by 1.7% in the fourth quarter. AdvisorShares Investments LLC now owns 43,852 shares of the company’s stock valued at $1,557,000 after acquiring an additional 752 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado bought a new position in shares of China Yuchai International during the 4th quarter valued at approximately $50,000.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CYD. Greenridge Global upgraded shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Citigroup upgraded China Yuchai International to a “buy” rating in a report on Monday, July 27th. Weiss Ratings upgraded shares of China Yuchai International from a “hold (c-)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. Wall Street Zen raised China Yuchai International from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Finally, Zacks Research upgraded shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a report on Friday, August 14th. Three investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $60.00.

China Yuchai International Company Profile

China Yuchai International Ltd. (NYSE: CYD) is a Cayman Islands–incorporated holding company with principal executive offices in Singapore. Through its subsidiaries, the company is a leading manufacturer and distributor of diesel engines in the People’s Republic of China. Its principal operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has been producing diesel engines since 1951 and ranks among the country’s largest heavy-duty engine makers.

The company’s core product portfolio includes high-speed and medium-speed diesel engines for on-highway trucks and buses, off-road vehicles such as construction and agricultural machinery, marine propulsion systems, and power generator sets.