Nomura Holdings Inc. Takes Position in China Yuchai International Limited (NYSE:CYD)

Nomura Holdings Inc. bought a new stake in shares of China Yuchai International Limited (NYSE:CYD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 20,000 shares of the company's stock, valued at approximately $191,000. Nomura Holdings Inc. owned 7.41% of China Yuchai International at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CYD. Verity Asset Management Inc. lifted its stake in China Yuchai International by 19.5% in the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company's stock worth $235,000 after acquiring an additional 4,029 shares during the period. Millennium Management LLC lifted its stake in China Yuchai International by 42.2% in 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. Finally, Shah Capital Management raised its holdings in China Yuchai International by 3.0% in the fourth quarter. Shah Capital Management now owns 4,345,471 shares of the company's stock worth $41,412,000 after purchasing an additional 128,509 shares in the last quarter.

China Yuchai International Trading Down 0.8%

China Yuchai International stock traded down $0.14 during mid-day trading on Thursday, hitting $17.37. The company had a trading volume of 15,218 shares, compared to its average volume of 301,081. China Yuchai International Limited has a 12-month low of $8.13 and a 12-month high of $26.10. The company's fifty day moving average is $16.17 and its 200-day moving average is $13.87. The company has a market capitalization of $651.69 million, a price-to-earnings ratio of 10.72 and a beta of 0.91.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Greenridge Global downgraded shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 26th. Wall Street Zen lowered China Yuchai International from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.

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.