Ritholtz Wealth Management Has $947,000 Holdings in China Yuchai International Limited $CYD

Ritholtz Wealth Management boosted its position in shares of China Yuchai International Limited (NYSE:CYD) by 143.1% in the first quarter, Holdings Channel.com reports. The firm owned 24,587 shares of the company’s stock after acquiring an additional 14,474 shares during the period. Ritholtz Wealth Management’s holdings in China Yuchai International were worth $947,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Employees Retirement Association of Colorado acquired a new position in shares of China Yuchai International during the fourth quarter worth about $50,000. Advisory Services Network LLC acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $66,000. Blue Trust Inc. acquired a new stake in China Yuchai International in the 1st quarter valued at approximately $69,000. Deutsche Bank AG bought a new stake in China Yuchai International in the 4th quarter valued at approximately $67,000. Finally, Assetmark Inc. lifted its stake in China Yuchai International by 12,312.5% in the 4th quarter. Assetmark Inc. now owns 1,986 shares of the company’s stock valued at $71,000 after acquiring an additional 1,970 shares in the last quarter.

China Yuchai International Stock Down 0.0%

NYSE CYD opened at $44.81 on Monday. The firm’s fifty day moving average price is $49.49 and its two-hundred day moving average price is $44.99. China Yuchai International Limited has a 1 year low of $21.27 and a 1 year high of $61.48.

Wall Street Analysts Forecast Growth

CYD has been the subject of a number of recent research reports. Zacks Research raised China Yuchai International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Weiss Ratings downgraded shares of China Yuchai International from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Finally, Wall Street Zen raised shares of China Yuchai International from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target 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.