14,057 Shares in China Yuchai International Limited $CYD Acquired by Centiva Capital LP

Centiva Capital LP bought a new position in shares of China Yuchai International Limited (NYSE:CYD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,057 shares of the company’s stock, valued at approximately $582,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of China Yuchai International in the third quarter worth $28,000. Global Retirement Partners LLC acquired a new stake in shares of China Yuchai International in the third quarter valued at $42,000. China Universal Asset Management Co. Ltd. purchased a new position in China Yuchai International in the third quarter valued at $83,000. Quantbot Technologies LP purchased a new position in China Yuchai International in the second quarter valued at $48,000. Finally, Quadrant Capital Group LLC acquired a new position in China Yuchai International during the 3rd quarter worth $178,000.

China Yuchai International Price Performance

NYSE:CYD opened at $41.48 on Monday. China Yuchai International Limited has a 12 month low of $12.66 and a 12 month high of $56.55. The business’s fifty day moving average price is $46.12 and its 200 day moving average price is $40.03.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Zacks Research upgraded China Yuchai International from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. UBS Group began coverage on China Yuchai International in a research report on Tuesday, January 6th. They set a “buy” rating and a $60.00 price objective for the company. Weiss Ratings restated a “hold (c+)” rating on shares of China Yuchai International in a research note on Monday, December 22nd. Finally, Wall Street Zen cut shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, China Yuchai International has a consensus rating of “Buy” and a consensus target price 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.