42,930 Shares in China Yuchai International Limited $CYD Acquired by Inspire Investing LLC

Inspire Investing LLC acquired a new stake in shares of China Yuchai International Limited (NYSE:CYD) in the first quarter, HoldingsChannel reports. The institutional investor acquired 42,930 shares of the company’s stock, valued at approximately $1,653,000.

A number of other large investors have also added to or reduced their stakes in CYD. UBS Group AG boosted its holdings in China Yuchai International by 752.8% in the third quarter. UBS Group AG now owns 849,464 shares of the company’s stock worth $35,142,000 after acquiring an additional 749,861 shares in the last quarter. Millennium Management LLC raised its position in shares of China Yuchai International by 157.3% in the 3rd quarter. Millennium Management LLC now owns 720,231 shares of the company’s stock worth $29,796,000 after purchasing an additional 440,278 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of China Yuchai International by 3.4% in the 4th quarter. Renaissance Technologies LLC now owns 278,494 shares of the company’s stock worth $9,887,000 after purchasing an additional 9,287 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in China Yuchai International by 73.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 235,141 shares of the company’s stock worth $9,728,000 after purchasing an additional 99,260 shares in the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in China Yuchai International by 25.3% in the 4th quarter. Tudor Investment Corp ET AL now owns 193,555 shares of the company’s stock worth $6,871,000 after purchasing an additional 39,130 shares in the last quarter.

China Yuchai International Stock Performance

CYD stock opened at $47.31 on Wednesday. China Yuchai International Limited has a 1-year low of $21.27 and a 1-year high of $61.48. The business has a fifty day moving average price of $49.65 and a 200-day moving average price of $45.15.

Analyst Ratings Changes

A number of analysts have weighed in on CYD shares. Weiss Ratings lowered shares of China Yuchai International from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Zacks Research upgraded shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Wall Street Zen upgraded shares of China Yuchai International from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $60.00.

About China Yuchai International

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.