China Yuchai International (NYSE:CYD) Trading Down 5.3% - Should You Sell?

China Yuchai International Limited (NYSE:CYD - Get Free Report) shares fell 5.3% during trading on Wednesday . The company traded as low as $24.11 and last traded at $24.12. 34,433 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 280,275 shares. The stock had previously closed at $25.46.

China Yuchai International Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 1.20. The firm has a 50-day moving average of $20.64 and a 200-day moving average of $17.04. The stock has a market cap of $939.88 million, a PE ratio of 15.46 and a beta of 1.05.

China Yuchai International Increases Dividend

The company also recently declared an annual dividend, which was paid on Monday, July 7th. Investors of record on Wednesday, June 25th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This is a positive change from China Yuchai International's previous annual dividend of $0.38. This represents a yield of 4.3%. China Yuchai International's dividend payout ratio is presently 32.72%.

Institutional Investors Weigh In On China Yuchai International

Several institutional investors have recently modified their holdings of CYD. Nomura Holdings Inc. bought a new stake in shares of China Yuchai International in the 4th quarter valued at approximately $191,000. Trexquant Investment LP bought a new stake in shares of China Yuchai International during the 1st quarter worth approximately $258,000. Public Employees Retirement System of Ohio lifted its stake in shares of China Yuchai International by 136.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 16,609 shares of the company's stock worth $397,000 after acquiring an additional 9,572 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of China Yuchai International during the 1st quarter worth approximately $422,000. Finally, Millennium Management LLC lifted its stake in shares of China Yuchai International by 42.2% during the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company's stock worth $450,000 after acquiring an additional 14,030 shares during the last quarter.

China Yuchai International Company Profile

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.