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

China Yuchai International Limited (NYSE:CYD) has received an average rating of “Buy” from the five research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $60.00.

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

China Yuchai International Stock Up 3.2%

Shares of NYSE CYD opened at $20.64 on Thursday. China Yuchai International has a 1-year low of $19.74 and a 1-year high of $61.48. The company has a fifty day moving average price of $29.76 and a 200 day moving average price of $42.17.

Insider Activity at China Yuchai International

In related news, CFO Loo Sen sold 13,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $46.95, for a total transaction of $619,740.00. Following the completion of the transaction, the chief financial officer directly owned 13,200 shares in the company, valued at $619,740. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Neo Kiat sold 8,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $45.69, for a total transaction of $365,520.00. Following the completion of the transaction, the director directly owned 8,000 shares of the company’s stock, valued at approximately $365,520. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Investors Weigh In On China Yuchai International

Several hedge funds have recently added to or reduced their stakes in CYD. Aberdeen Group plc lifted its holdings in shares of China Yuchai International by 59.8% during the third quarter. Aberdeen Group plc now owns 855,948 shares of the company’s stock worth $26,560,000 after purchasing an additional 320,373 shares during the period. Matthews International Capital Management LLC lifted its holdings in China Yuchai International by 423.7% during the 1st quarter. Matthews International Capital Management LLC now owns 324,034 shares of the company’s stock worth $12,475,000 after buying an additional 262,165 shares during the period. Renaissance Technologies LLC grew its position in shares of China Yuchai International by 23.4% in the 1st quarter. Renaissance Technologies LLC now owns 343,603 shares of the company’s stock valued at $13,229,000 after buying an additional 65,109 shares during the last quarter. Dorsey Wright & Associates grew its position in shares of China Yuchai International by 41.6% in the 1st quarter. Dorsey Wright & Associates now owns 90,208 shares of the company’s stock valued at $3,473,000 after buying an additional 26,482 shares during the last quarter. Finally, Diversify Wealth Management LLC grew its position in shares of China Yuchai International by 41.2% in the 1st quarter. Diversify Wealth Management LLC now owns 76,412 shares of the company’s stock valued at $3,063,000 after buying an additional 22,305 shares during the last quarter.

China Yuchai International Company Profile