China Yuchai International Limited (CYD) – What Are Investment Firms Saying About This Stock?

China Yuchai International Limited (NYSE:CYD) has been given a consensus recommendation of “Buy” by the five analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $60.00.

Several research firms recently weighed in on CYD. Greenridge Global upgraded shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Zacks Research lowered China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Citigroup raised China Yuchai International to a “buy” rating in a report on Monday, July 27th. Weiss Ratings downgraded China Yuchai International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen lowered China Yuchai International from a “buy” rating to a “hold” rating in a report on Saturday, September 26th.

China Yuchai International Trading Down 1.6%

NYSE:CYD opened at $25.93 on Friday. China Yuchai International has a one year low of $25.72 and a one year high of $61.48. The company has a fifty day moving average price of $36.01 and a 200 day moving average price of $43.27.

Insider Buying and Selling at China Yuchai International

In other China Yuchai International news, CFO Loo Sen sold 13,200 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $46.95, for a total value of $619,740.00. Following the sale, the chief financial officer directly owned 13,200 shares in the company, valued at $619,740. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Neo Kiat sold 8,000 shares of the stock in a transaction 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 disclosure for this sale is available in the SEC filing.

Institutional Investors Weigh In On China Yuchai International

Hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in China Yuchai International by 101.8% in the third quarter. Farther Finance Advisors LLC now owns 886 shares of the company’s stock valued at $27,000 after buying an additional 447 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of China Yuchai International during the first quarter worth approximately $69,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of China Yuchai International by 288.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,294 shares of the company’s stock worth $81,000 after buying an additional 1,704 shares in the last quarter. BTG Pactual Asset Management US LLC acquired a new stake in shares of China Yuchai International during the second quarter worth approximately $211,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of China Yuchai International in the first quarter valued at approximately $202,000.

About China Yuchai International

China Yuchai International Limited (NYSE: CYD) is a holding company whose principal operating subsidiary is Guangxi Yuchai Machinery Company Limited. Based in China, Yuchai develops, manufactures and sells a broad range of diesel and natural-gas engines for commercial vehicles, passenger vehicles, construction equipment, agricultural machinery, marine applications and power-generation systems.

The company also produces engine components and provides related services, including engine remanufacturing, maintenance and technical support.