China Yuchai International Limited (CYD) Shares Sold by Forward Management LLC

Forward Management LLC cut its holdings in shares of China Yuchai International Limited (NYSE:CYD) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 274,388 shares of the company’s stock after selling 7,899 shares during the quarter. China Yuchai International Limited makes up 0.7% of Forward Management LLC’s investment portfolio, making the stock its 27th largest holding. Forward Management LLC owned 0.67% of China Yuchai International Limited worth $6,107,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CYD. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of China Yuchai International Limited during the 3rd quarter valued at $216,000. Goldman Sachs Group Inc. purchased a new stake in shares of China Yuchai International Limited during the 2nd quarter valued at $302,000. PDT Partners LLC purchased a new stake in shares of China Yuchai International Limited during the 2nd quarter valued at $481,000. Northern Trust Corp increased its position in shares of China Yuchai International Limited by 101.4% during the 2nd quarter. Northern Trust Corp now owns 41,516 shares of the company’s stock valued at $756,000 after purchasing an additional 20,900 shares during the last quarter. Finally, State Street Corp increased its position in shares of China Yuchai International Limited by 7.9% during the 2nd quarter. State Street Corp now owns 60,724 shares of the company’s stock valued at $1,106,000 after purchasing an additional 4,453 shares during the last quarter. 24.87% of the stock is owned by hedge funds and other institutional investors.

Separately, BidaskClub lowered China Yuchai International Limited from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 3rd.

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China Yuchai International Limited (NYSE CYD) traded up $0.59 during mid-day trading on Monday, hitting $22.89. The stock had a trading volume of 86,730 shares, compared to its average volume of 69,711. The company has a market cap of $910.10, a P/E ratio of 9.10 and a beta of 0.77.

China Yuchai International Limited (NYSE:CYD) last issued its earnings results on Thursday, August 10th. The company reported $0.48 earnings per share for the quarter. The business had revenue of $604.24 million for the quarter. China Yuchai International Limited had a return on equity of 27.42% and a net margin of 4.45%.

China Yuchai International Limited Company Profile

China Yuchai International Limited is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People’s Republic of China (the PRC). It holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL).

Institutional Ownership by Quarter for China Yuchai International Limited (NYSE:CYD)

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