Lighthouse Investment Partners LLC Sells 25,540 Shares of China Yuchai International Limited $CYD

Lighthouse Investment Partners LLC decreased its position in shares of China Yuchai International Limited (NYSE:CYD) by 14.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,582 shares of the company’s stock after selling 25,540 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in China Yuchai International were worth $6,395,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CYD. Goldman Sachs Group Inc. acquired a new stake in China Yuchai International during the 1st quarter worth $422,000. Jane Street Group LLC bought a new stake in shares of China Yuchai International in the first quarter worth about $1,409,000. JPMorgan Chase & Co. bought a new stake in shares of China Yuchai International in the second quarter worth about $1,278,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of China Yuchai International during the second quarter worth about $4,759,000. Finally, Quantbot Technologies LP acquired a new stake in shares of China Yuchai International during the second quarter worth about $48,000.

Wall Street Analyst Weigh In

CYD has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of China Yuchai International in a research report on Monday, December 22nd. Wall Street Zen downgraded shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 28th. Zacks Research raised shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Finally, UBS Group started coverage on shares of China Yuchai International in a report on Tuesday, January 6th. They issued a “buy” rating and a $60.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $60.00.

China Yuchai International Trading Up 0.7%

Shares of China Yuchai International stock opened at $41.88 on Tuesday. China Yuchai International Limited has a 12-month low of $12.66 and a 12-month high of $56.55. The business’s 50 day moving average is $46.21 and its 200-day moving average is $40.10.

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.