China Yuchai International (NYSE:CYD) Downgraded to “Hold” Rating by Greenridge Global

Greenridge Global lowered shares of China Yuchai International (NYSE:CYD) from a strong-buy rating to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Separately, StockNews.com lowered China Yuchai International from a “buy” rating to a “hold” rating in a research report on Friday.

China Yuchai International Trading Up 3.8 %

NYSE:CYD opened at $21.39 on Wednesday. China Yuchai International has a twelve month low of $7.95 and a twelve month high of $26.10. The firm has a market cap of $5.77 million, a price-to-earnings ratio of 13.20 and a beta of 1.02. The company has a 50-day moving average of $12.11 and a 200-day moving average of $11.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. boosted its position in China Yuchai International by 299.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock worth $130,000 after acquiring an additional 10,207 shares during the period. Nomura Holdings Inc. acquired a new position in China Yuchai International in the 4th quarter worth about $191,000. Verity Asset Management Inc. raised its stake in shares of China Yuchai International by 19.5% during the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after purchasing an additional 4,029 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of China Yuchai International by 42.2% during the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock valued at $450,000 after buying an additional 14,030 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in China Yuchai International by 2.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after acquiring an additional 1,842 shares in the last quarter.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.