14,057 Shares in China Yuchai International Limited $CYD Acquired by Centiva Capital LP

Centiva Capital LP purchased a new stake in China Yuchai International Limited (NYSE:CYD) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 14,057 shares of the company’s stock, valued at approximately $582,000.

Several other hedge funds also recently added to or reduced their stakes in CYD. Goldman Sachs Group Inc. purchased a new stake in shares of China Yuchai International during the 1st quarter worth approximately $422,000. Jane Street Group LLC purchased a new position in shares of China Yuchai International in the 1st quarter valued at $1,409,000. JPMorgan Chase & Co. purchased a new position in shares of China Yuchai International in the 2nd quarter valued at $1,278,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in China Yuchai International during the 2nd quarter worth $4,759,000. Finally, Quantbot Technologies LP acquired a new stake in China Yuchai International during the 2nd quarter worth $48,000.

China Yuchai International Trading Down 1.4%

CYD stock opened at $41.48 on Monday. The company has a fifty day moving average price of $46.12 and a 200 day moving average price of $40.03. China Yuchai International Limited has a 12 month low of $12.66 and a 12 month high of $56.55.

Analysts Set New Price Targets

Several equities analysts have issued reports on CYD shares. Zacks Research raised China Yuchai International from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. UBS Group began coverage on China Yuchai International in a report on Tuesday, January 6th. They issued a “buy” rating and a $60.00 target price for the company. Wall Street Zen cut China Yuchai International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of China Yuchai International in a research note on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price 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.