China Yuchai International Limited (CYD) Position Reduced by ETRADE Capital Management LLC

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.

How to Become a New Pot Stock Millionaire

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.

China Yuchai International (NYSE:CYD) last posted its earnings results on Tuesday, February 27th. The company reported $0.85 EPS for the quarter. The firm had revenue of $578.62 million for the quarter. China Yuchai International had a return on equity of 31.13% and a net margin of 5.92%. During the same period last year, the company earned $0.85 EPS.

Separately, ValuEngine lowered China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st.

COPYRIGHT VIOLATION WARNING: This story was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The correct version of this story can be viewed at https://sportsperspectives.com/2018/03/10/china-yuchai-international-limited-cyd-position-reduced-by-etrade-capital-management-llc.html.

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).

Want to see what other hedge funds are holding CYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for China Yuchai International Limited (NYSE:CYD).

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

Receive News & Ratings for China Yuchai International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Yuchai International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply