Verity Asset Management Inc. reduced its position in China Yuchai International Limited (NYSE:CYD - Free Report) by 53.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,453 shares of the company's stock after selling 13,195 shares during the quarter. Verity Asset Management Inc. owned approximately 4.24% of China Yuchai International worth $195,000 at the end of the most recent quarter.
Separately, Millennium Management LLC raised its stake in China Yuchai International by 42.2% during the fourth 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 period.
China Yuchai International Stock Performance
CYD stock traded up $0.79 during mid-day trading on Friday, reaching $24.53. The company had a trading volume of 129,391 shares, compared to its average volume of 163,321. The stock has a market capitalization of $920.18 million, a P/E ratio of 15.14 and a beta of 1.05. The stock's 50-day simple moving average is $18.84 and its two-hundred day simple moving average is $15.93. China Yuchai International Limited has a one year low of $8.61 and a one year high of $26.10. The company has a quick ratio of 1.20, a current ratio of 1.55 and a debt-to-equity ratio of 0.05.
China Yuchai International Increases Dividend
The business also recently declared an annual dividend, which will be paid on Monday, July 7th. Investors of record on Wednesday, June 25th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a yield of 4.3%. This is a boost from China Yuchai International's previous annual dividend of $0.38. China Yuchai International's dividend payout ratio (DPR) is currently 32.72%.
China Yuchai International Company Profile
(
Free Report)
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.
Featured Stories
Before you consider China Yuchai International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Yuchai International wasn't on the list.
While China Yuchai International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
