ETRADE Capital Management LLC lessened its holdings in China Yuchai International Limited (NYSE:CYD) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,852 shares of the company’s stock after selling 2,667 shares during the quarter. ETRADE Capital Management LLC’s holdings in China Yuchai International were worth $1,028,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of CYD. Lazard Asset Management LLC increased its holdings in China Yuchai International by 70.2% in the fourth quarter. Lazard Asset Management LLC now owns 531,270 shares of the company’s stock valued at $12,750,000 after buying an additional 219,096 shares during the last quarter. Dorsey Wright & Associates purchased a new position in China Yuchai International in the third quarter valued at $4,283,000. Alliancebernstein L.P. increased its holdings in China Yuchai International by 38.3% in the fourth quarter. Alliancebernstein L.P. now owns 449,350 shares of the company’s stock valued at $10,784,000 after buying an additional 124,540 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in China Yuchai International by 149.1% in the third quarter. Allianz Asset Management GmbH now owns 129,613 shares of the company’s stock valued at $2,885,000 after buying an additional 77,575 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in China Yuchai International by 147.2% in the third quarter. Schroder Investment Management Group now owns 72,419 shares of the company’s stock valued at $1,574,000 after buying an additional 43,119 shares during the last quarter. 27.27% of the stock is currently owned by hedge funds and other institutional investors.
China Yuchai International Limited (NYSE:CYD) opened at $23.64 on Friday. The company has a market capitalization of $957.45, a price-to-earnings ratio of 8.29 and a beta of 1.02. China Yuchai International Limited has a twelve month low of $16.16 and a twelve month high of $27.98.
Separately, ValuEngine lowered China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st.
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China Yuchai International Profile
China Yuchai International Limited is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). It holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL).
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