Acadian Asset Management LLC Sells 65,389 Shares of China Yuchai International Limited $CYD

Acadian Asset Management LLC lowered its position in shares of China Yuchai International Limited (NYSE:CYD) by 29.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 158,940 shares of the company’s stock after selling 65,389 shares during the quarter. Acadian Asset Management LLC owned 0.42% of China Yuchai International worth $3,792,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. acquired a new stake in China Yuchai International in the 2nd quarter valued at approximately $144,000. Trexquant Investment LP acquired a new position in shares of China Yuchai International during the 1st quarter worth approximately $258,000. Public Employees Retirement System of Ohio boosted its holdings in shares of China Yuchai International by 136.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 16,609 shares of the company’s stock valued at $397,000 after buying an additional 9,572 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in China Yuchai International during the first quarter worth $422,000. Finally, Hhlr Advisors LTD. acquired a new stake in China Yuchai International in the first quarter valued at $1,189,000.

Wall Street Analyst Weigh In

A number of research firms recently commented on CYD. Weiss Ratings reiterated a “hold (c)” rating on shares of China Yuchai International in a report on Wednesday, October 8th. Zacks Research lowered China Yuchai International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Finally, Wall Street Zen cut shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, China Yuchai International currently has a consensus rating of “Hold”.

China Yuchai International Stock Performance

Shares of NYSE CYD opened at $36.65 on Friday. The stock’s 50 day moving average price is $38.03 and its 200-day moving average price is $28.10. China Yuchai International Limited has a twelve month low of $8.61 and a twelve month high of $42.60.

About China Yuchai International

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.