Millennium Management LLC Increases Holdings in China Yuchai International Limited (NYSE:CYD)

Millennium Management LLC boosted its stake in China Yuchai International Limited (NYSE:CYD - Free Report) by 42.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 47,263 shares of the company's stock after purchasing an additional 14,030 shares during the period. Millennium Management LLC owned about 17.50% of China Yuchai International worth $450,000 at the end of the most recent quarter.

China Yuchai International Stock Performance

Shares of NYSE:CYD traded down $0.06 during trading on Friday, hitting $21.05. The company's stock had a trading volume of 225,299 shares, compared to its average volume of 152,253. China Yuchai International Limited has a fifty-two week low of $8.42 and a fifty-two week high of $26.10. The business has a 50 day moving average price of $16.51 and a two-hundred day moving average price of $14.56. The company has a market capitalization of $789.75 million, a PE ratio of 12.99 and a beta of 0.95.

China Yuchai International Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, July 7th. Investors of record on Wednesday, June 25th will be issued a $0.53 dividend. This is a boost from China Yuchai International's previous annual dividend of $0.38. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a yield of 4.3%. China Yuchai International's dividend payout ratio (DPR) is 23.46%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Wall Street Zen lowered China Yuchai International from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Greenridge Global lowered shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a research note 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.