Diversify Wealth Management LLC Invests $2.07 Million in China Yuchai International Limited $CYD

Diversify Wealth Management LLC acquired a new position in shares of China Yuchai International Limited (NYSE:CYD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 50,099 shares of the company’s stock, valued at approximately $2,073,000. Diversify Wealth Management LLC owned approximately 0.13% of China Yuchai International as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in China Yuchai International during the 3rd quarter worth approximately $28,000. Global Retirement Partners LLC bought a new stake in shares of China Yuchai International in the third quarter worth $42,000. Quantbot Technologies LP acquired a new position in China Yuchai International during the second quarter worth $48,000. China Universal Asset Management Co. Ltd. bought a new position in China Yuchai International in the third quarter valued at $83,000. Finally, State of Wyoming acquired a new stake in China Yuchai International in the 3rd quarter valued at $187,000.

China Yuchai International Trading Up 8.5%

China Yuchai International stock opened at $50.24 on Friday. The stock has a 50-day simple moving average of $44.76 and a 200 day simple moving average of $39.05. China Yuchai International Limited has a 52 week low of $12.66 and a 52 week high of $56.55.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CYD shares. Zacks Research raised China Yuchai International from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Weiss Ratings restated a “hold (c+)” rating on shares of China Yuchai International in a research note on Monday, December 22nd. Wall Street Zen cut China Yuchai International from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group started coverage on China Yuchai International in a report on Tuesday, January 6th. They issued a “buy” rating and a $60.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $60.00.

China Yuchai International Profile

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.