Choon Sen Loo Sells 13,200 Shares of China Yuchai International (NYSE:CYD) Stock

China Yuchai International Limited (NYSE:CYDGet Free Report) CFO Choon Sen Loo sold 13,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $46.95, for a total transaction of $619,740.00. Following the transaction, the chief financial officer directly owned 13,200 shares in the company, valued at $619,740. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

China Yuchai International Trading Down 0.4%

Shares of CYD opened at $45.36 on Friday. China Yuchai International Limited has a fifty-two week low of $28.47 and a fifty-two week high of $61.48. The stock has a fifty day moving average of $47.14 and a two-hundred day moving average of $46.78.

China Yuchai International Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, July 28th. Investors of record on Friday, July 17th were given a dividend of $0.87 per share. This represents a yield of 198.0%. This is a boost from China Yuchai International’s previous annual dividend of $0.53. The ex-dividend date was Friday, July 17th.

Analysts Set New Price Targets

CYD has been the subject of several recent analyst reports. Wall Street Zen upgraded China Yuchai International from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Greenridge Global upgraded shares of China Yuchai International from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Citigroup raised shares of China Yuchai International to a “buy” rating in a research report on Monday, July 27th. Weiss Ratings upgraded shares of China Yuchai International from a “hold (c-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Zacks Research lowered shares of China Yuchai International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $60.00.

Get Our Latest Research Report on China Yuchai International

Institutional Inflows and Outflows

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

China Yuchai International Company Profile

(Get Free Report)

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.

Further Reading

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