LSV Asset Management Cuts Holdings in China Yuchai International Limited (CYD)

LSV Asset Management cut its stake in shares of China Yuchai International Limited (NYSE:CYD) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,300 shares of the company’s stock after selling 13,800 shares during the period. LSV Asset Management’s holdings in China Yuchai International were worth $1,927,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Advisor Group Inc. lifted its position in China Yuchai International by 601.2% during the third quarter. Advisor Group Inc. now owns 4,740 shares of the company’s stock worth $105,000 after acquiring an additional 4,064 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in China Yuchai International by 176.5% during the third quarter. Envestnet Asset Management Inc. now owns 4,946 shares of the company’s stock worth $110,000 after acquiring an additional 3,157 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in China Yuchai International during the third quarter worth approximately $216,000. Goldman Sachs Group Inc. acquired a new stake in China Yuchai International during the second quarter worth approximately $302,000. Finally, Sei Investments Co. lifted its position in China Yuchai International by 525.4% during the third quarter. Sei Investments Co. now owns 16,943 shares of the company’s stock worth $377,000 after acquiring an additional 14,234 shares during the last quarter. Hedge funds and other institutional investors own 26.25% of the company’s stock.

Shares of China Yuchai International Limited (CYD) opened at $23.62 on Thursday. The stock has a market cap of $985.20, a P/E ratio of 8.49 and a beta of 0.87. China Yuchai International Limited has a 1 year low of $13.55 and a 1 year high of $27.98.

China Yuchai International (NYSE:CYD) last released its quarterly earnings results on Monday, November 13th. The company reported $0.61 earnings per share for the quarter. China Yuchai International had a net margin of 4.76% and a return on equity of 31.13%. The company had revenue of $570.86 million during the quarter.

Separately, ValuEngine downgraded shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st.

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About China Yuchai International

China Yuchai International Limited is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). It holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL).

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

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