China Yuchai International Limited $CYD Shares Purchased by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp boosted its stake in China Yuchai (NYSE:CYD) by 545.9% in Q3, buying 130,515 shares to hold 154,425 shares (about 0.41%) worth $6.389 million.
• Multiple other institutions—including Robeco, AdvisorShares, Diversify Wealth, Dorsey Wright and Matthews International—also initiated or increased positions in Q3, with individual stakes roughly in the $0.7M–$2.5M range, indicating rising institutional interest.
• Analysts are broadly positive: UBS started coverage with a Buy rating and a $60 target, and the consensus rating is "Buy" with an average price target of $60.

Tudor Investment Corp ET AL boosted its stake in China Yuchai International Limited (NYSE:CYD - Free Report) by 545.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 154,425 shares of the company's stock after purchasing an additional 130,515 shares during the period. Tudor Investment Corp ET AL owned about 0.41% of China Yuchai International worth $6,389,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $724,000. AdvisorShares Investments LLC acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $1,783,000. Diversify Wealth Management LLC acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $2,073,000. Dorsey Wright & Associates acquired a new stake in China Yuchai International in the 3rd quarter valued at approximately $2,465,000. Finally, Matthews International Capital Management LLC purchased a new position in China Yuchai International in the 3rd quarter valued at approximately $2,270,000.

China Yuchai International Trading Down 0.5%

Shares of CYD stock opened at $39.57 on Wednesday. The firm has a fifty day moving average price of $45.04 and a 200 day moving average price of $40.42. China Yuchai International Limited has a 12 month low of $12.76 and a 12 month high of $56.55.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group assumed coverage on shares of China Yuchai International in a research report on Tuesday, January 6th. They issued a "buy" rating and a $60.00 price target for the company. Wall Street Zen cut shares of China Yuchai International from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 28th. Zacks Research raised shares of China Yuchai International from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of China Yuchai International in a research report on Monday, December 22nd. Two 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.com, China Yuchai International has an average rating of "Buy" and an average 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.

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