Millennium Management LLC Boosts Position in China Yuchai International Limited (NYSE:CYD)

Millennium Management LLC boosted its position in China Yuchai International Limited (NYSE:CYD - Free Report) by 42.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,263 shares of the company's stock after purchasing an additional 14,030 shares during the quarter. Millennium Management LLC owned approximately 17.50% of China Yuchai International worth $450,000 at the end of the most recent reporting period.

China Yuchai International Stock Performance

NYSE:CYD traded up $0.34 during mid-day trading on Tuesday, hitting $19.38. 422,130 shares of the company's stock traded hands, compared to its average volume of 295,722. The company has a fifty day moving average of $16.19 and a 200 day moving average of $14.41. China Yuchai International Limited has a twelve month low of $8.42 and a twelve month high of $26.10. The company has a market capitalization of $727.14 million, a P/E ratio of 11.96 and a beta of 0.95.

Analyst Ratings Changes

CYD has been the topic of a number of analyst reports. Wall Street Zen downgraded shares of China Yuchai International from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Greenridge Global lowered shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 26th.

China Yuchai International 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.