ValuEngine lowered shares of China Yuchai International (NYSE:CYD) from a strong-buy rating to a buy rating in a report released on Friday morning.

Separately, BidaskClub lowered China Yuchai International from a strong-buy rating to a buy rating in a research note on Thursday, August 3rd.

China Yuchai International (NYSE:CYD) traded down $0.65 on Friday, hitting $25.60. The company had a trading volume of 117,690 shares, compared to its average volume of 105,212. The firm has a market capitalization of $1,040.00, a price-to-earnings ratio of 9.44 and a beta of 0.78. China Yuchai International has a fifty-two week low of $12.36 and a fifty-two week high of $26.62.

Several institutional investors and hedge funds have recently bought and sold shares of CYD. State of Wisconsin Investment Board boosted its stake in shares of China Yuchai International by 21.8% during the second quarter. State of Wisconsin Investment Board now owns 67,353 shares of the company’s stock valued at $1,226,000 after acquiring an additional 12,071 shares during the last quarter. Brandes Investment Partners LP boosted its stake in shares of China Yuchai International by 2.7% during the second quarter. Brandes Investment Partners LP now owns 1,157,611 shares of the company’s stock valued at $21,340,000 after acquiring an additional 30,584 shares during the last quarter. Teachers Advisors LLC acquired a new stake in shares of China Yuchai International during the second quarter valued at $1,220,000. TIAA CREF Investment Management LLC boosted its stake in shares of China Yuchai International by 115.2% during the second quarter. TIAA CREF Investment Management LLC now owns 116,109 shares of the company’s stock valued at $2,114,000 after acquiring an additional 62,148 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in shares of China Yuchai International by 26,872.0% during the second quarter. Lazard Asset Management LLC now owns 80,916 shares of the company’s stock valued at $1,473,000 after acquiring an additional 80,616 shares during the last quarter. 26.58% of the stock is currently owned by institutional investors and hedge funds.

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China Yuchai International Company 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).

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