Public Employees Retirement System of Ohio Has $397,000 Position in China Yuchai International Limited $CYD

Key Points

• The Public Employees Retirement System of Ohio increased its stake in China Yuchai International Limited (CYD) by 136% in Q2, holding shares worth approximately $397,000.
• Analysts have recently upgraded ratings for CYD, with Wall Street Zen and Zacks Research both moving the stock to a strong-buy rating, while Weiss Ratings maintained a hold rating.
• As of recent trading, CYD's shares opened at $39.94, showing significant upswing from its 52-week low of $8.61, indicating strong price performance in the market.

Public Employees Retirement System of Ohio increased its stake in China Yuchai International Limited (NYSE:CYD - Free Report) by 136.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,609 shares of the company's stock after purchasing an additional 9,572 shares during the quarter. Public Employees Retirement System of Ohio's holdings in China Yuchai International were worth $397,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ariose Capital Management Ltd acquired a new stake in China Yuchai International in the 1st quarter worth approximately $3,383,000. Millennium Management LLC lifted its holdings in China Yuchai International by 42.2% in the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company's stock worth $450,000 after purchasing an additional 14,030 shares during the last quarter. Hhlr Advisors LTD. acquired a new position in shares of China Yuchai International during the first quarter worth approximately $1,189,000. Pinpoint Asset Management Ltd acquired a new position in shares of China Yuchai International during the first quarter worth approximately $3,382,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of China Yuchai International during the first quarter worth approximately $422,000.

Analyst Ratings Changes

A number of research analysts have recently commented on CYD shares. Wall Street Zen upgraded China Yuchai International from a "buy" rating to a "strong-buy" rating in a report on Friday, September 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of China Yuchai International in a report on Saturday, September 27th. Finally, Zacks Research upgraded China Yuchai International from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".

China Yuchai International Price Performance

Shares of NYSE:CYD opened at $39.94 on Tuesday. The business's fifty day moving average price is $33.36 and its two-hundred day moving average price is $23.95. China Yuchai International Limited has a fifty-two week low of $8.61 and a fifty-two week high of $42.60. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 24.65 and a beta of 1.12.

About China Yuchai International

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.

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