15,180 Shares in China Yuchai International Limited $CYD Acquired by Trexquant Investment LP

Key Points

• Trexquant Investment LP acquired 15,180 shares of China Yuchai International Limited for approximately $258,000, indicating significant institutional interest in the company.
• Analysts have upgraded China Yuchai International from a "hold" rating to a "strong-buy" rating, reflecting increased confidence in the stock's potential performance.
• The company also announced an increase in its annual dividend to $0.53 per share, up from $0.38, representing a yield of 430.0%.

Trexquant Investment LP acquired a new position in shares of China Yuchai International Limited (NYSE:CYD - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,180 shares of the company's stock, valued at approximately $258,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ariose Capital Management Ltd acquired a new stake in China Yuchai International during the 1st quarter worth about $3,383,000. Pinpoint Asset Management Ltd acquired a new position in shares of China Yuchai International in the 1st quarter valued at about $3,382,000. Millennium Management LLC increased its holdings in shares of China Yuchai International by 42.2% in the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company's stock valued at $450,000 after purchasing an additional 14,030 shares during the period. Finally, Nomura Holdings Inc. acquired a new position in shares of China Yuchai International in the 4th quarter valued at about $191,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CYD shares. Zacks Research upgraded China Yuchai International from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. Wall Street Zen downgraded China Yuchai International from a "strong-buy" rating to a "buy" rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, China Yuchai International presently has an average rating of "Buy".

China Yuchai International Stock Up 1.1%

NYSE:CYD traded up $0.42 during mid-day trading on Monday, reaching $39.34. The stock had a trading volume of 237,687 shares, compared to its average volume of 272,767. The business's 50 day moving average is $28.51 and its 200 day moving average is $21.91. China Yuchai International Limited has a fifty-two week low of $8.61 and a fifty-two week high of $39.39. The stock has a market cap of $1.48 billion, a P/E ratio of 24.28 and a beta of 1.03. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 1.20.

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.