China Yuchai International (NYSE:CYD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of China Yuchai International (NYSE:CYD) from a buy rating to a strong-buy rating in a report released on Sunday.

A number of other analysts have also issued reports on the stock. Zacks Research lowered shares of China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of China Yuchai International in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, China Yuchai International presently has an average rating of “Hold”.

China Yuchai International Trading Down 2.2%

CYD stock opened at $35.03 on Friday. China Yuchai International has a 1 year low of $8.61 and a 1 year high of $42.60. The stock has a 50-day simple moving average of $38.11 and a 200-day simple moving average of $28.69.

Institutional Trading of China Yuchai International

A number of hedge funds and other institutional investors have recently made changes to their positions in CYD. UBS Group AG boosted its stake in China Yuchai International by 752.8% during the 3rd quarter. UBS Group AG now owns 849,464 shares of the company’s stock valued at $35,142,000 after acquiring an additional 749,861 shares during the last quarter. Millennium Management LLC lifted its position in shares of China Yuchai International by 157.3% during the third quarter. Millennium Management LLC now owns 720,231 shares of the company’s stock worth $29,796,000 after purchasing an additional 440,278 shares during the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of China Yuchai International during the second quarter worth about $4,759,000. Pinpoint Asset Management Ltd acquired a new position in China Yuchai International in the first quarter worth about $3,382,000. Finally, Lighthouse Investment Partners LLC acquired a new position in China Yuchai International in the second quarter worth about $4,307,000.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.