China Yuchai International (NYSE:CYD) Lowered to Hold Rating by StockNews.com

StockNews.com lowered shares of China Yuchai International (NYSE:CYD) from a buy rating to a hold rating in a report published on Friday.

China Yuchai International Stock Up 5.6 %

Shares of NYSE:CYD opened at $11.84 on Friday. China Yuchai International has a 12 month low of $7.95 and a 12 month high of $13.05. The company has a 50-day moving average price of $10.30 and a 200 day moving average price of $10.72.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Shah Capital Management lifted its stake 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 during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in China Yuchai International by 299.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock worth $130,000 after purchasing an additional 10,207 shares during the last quarter. 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 purchasing an additional 4,029 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in China Yuchai International by 2.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock worth $1,102,000 after purchasing an additional 1,842 shares during the last quarter.

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.