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

Shares of China Yuchai International Limited (NYSE:CYD) have been given an average recommendation of “Buy” by the five ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $60.00.

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

Insider Buying and Selling

In related news, Director Neo Kiat sold 8,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $45.69, for a total value of $365,520.00. Following the completion of the sale, the director owned 8,000 shares of the company’s stock, valued at approximately $365,520. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hedge Funds Weigh In On China Yuchai International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Personal CFO Solutions LLC grew its position in shares of China Yuchai International by 2.9% in the first quarter. Personal CFO Solutions LLC now owns 10,568 shares of the company’s stock valued at $407,000 after purchasing an additional 293 shares during the period. Farther Finance Advisors LLC increased its stake in shares of China Yuchai International by 101.8% during the third quarter. Farther Finance Advisors LLC now owns 886 shares of the company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of China Yuchai International by 1.7% during the first quarter. Public Employees Retirement System of Ohio now owns 35,186 shares of the company’s stock worth $1,355,000 after purchasing an additional 603 shares in the last quarter. First Command Advisory Services Inc. raised its position in shares of China Yuchai International by 146.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,504 shares of the company’s stock worth $47,000 after purchasing an additional 894 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of China Yuchai International by 565.2% during the 3rd quarter. Parallel Advisors LLC now owns 1,703 shares of the company’s stock worth $53,000 after purchasing an additional 1,447 shares during the last quarter.

China Yuchai International Stock Performance

NYSE:CYD opened at $21.79 on Thursday. China Yuchai International has a 52 week low of $19.74 and a 52 week high of $61.48. The stock’s 50-day moving average price is $29.11 and its 200-day moving average price is $41.94.

China Yuchai International Company Profile

China Yuchai International Limited is a holding company whose principal business is conducted through Guangxi Yuchai Machinery Company. The subsidiary manufactures and sells diesel and natural-gas engines for applications including trucks, buses, passenger vehicles, construction and agricultural equipment, marine vessels, and power generation. Founded in 1951, Guangxi Yuchai has grown into a major engine manufacturer in China. Its products serve customers in China and international markets, and the company also provides related engine parts and services.