Northern Trust Corp lessened its stake in China Yuchai International Limited (NYSE:CYD) by 57.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,268 shares of the company’s stock after selling 27,914 shares during the quarter. Northern Trust Corp’s holdings in China Yuchai International were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of CYD. Renaissance Technologies LLC increased its position in China Yuchai International by 61.5% in the 2nd quarter. Renaissance Technologies LLC now owns 304,014 shares of the company’s stock valued at $6,597,000 after acquiring an additional 115,814 shares in the last quarter. Brandes Investment Partners LP increased its position in China Yuchai International by 8.8% in the 2nd quarter. Brandes Investment Partners LP now owns 929,658 shares of the company’s stock valued at $20,173,000 after acquiring an additional 75,301 shares in the last quarter. United Services Automobile Association increased its position in China Yuchai International by 237.4% in the 2nd quarter. United Services Automobile Association now owns 101,437 shares of the company’s stock valued at $8,880,000 after acquiring an additional 71,369 shares in the last quarter. BlackRock Inc. increased its position in China Yuchai International by 26.2% in the 2nd quarter. BlackRock Inc. now owns 151,729 shares of the company’s stock valued at $3,294,000 after acquiring an additional 31,525 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in China Yuchai International by 60.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 70,033 shares of the company’s stock valued at $1,478,000 after acquiring an additional 26,284 shares in the last quarter. Hedge funds and other institutional investors own 26.82% of the company’s stock.

Shares of NYSE:CYD opened at $13.60 on Friday. China Yuchai International Limited has a one year low of $12.84 and a one year high of $27.98. The company has a market cap of $567.69 million, a PE ratio of 5.08 and a beta of 1.43.

China Yuchai International (NYSE:CYD) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.11). China Yuchai International had a return on equity of 25.87% and a net margin of 5.90%. The business had revenue of $463.63 million for the quarter, compared to analyst estimates of $574.76 million. Research analysts expect that China Yuchai International Limited will post 2.13 earnings per share for the current year.

Several equities research analysts have weighed in on CYD shares. ValuEngine cut shares of China Yuchai International from a “hold” rating to a “sell” rating in a research report on Wednesday, September 12th. Zacks Investment Research upgraded shares of China Yuchai International from a “strong sell” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Monday, October 22nd.

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China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.

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Institutional Ownership by Quarter for China Yuchai International (NYSE:CYD)

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