Ramsey Quantitative Systems increased its position in China Yuchai International Limited (NYSE:CYD) by 40.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,827 shares of the company’s stock after acquiring an additional 5,980 shares during the quarter. Ramsey Quantitative Systems owned about 0.05% of China Yuchai International worth $360,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CYD. Raymond James Financial Services Advisors Inc. bought a new position in shares of China Yuchai International in the second quarter valued at approximately $202,000. Element Capital Management LLC bought a new position in shares of China Yuchai International in the first quarter valued at approximately $271,000. Segall Bryant & Hamill LLC bought a new position in shares of China Yuchai International in the second quarter valued at approximately $271,000. Northern Trust Corp boosted its position in shares of China Yuchai International by 6.3% in the first quarter. Northern Trust Corp now owns 48,182 shares of the company’s stock valued at $1,020,000 after acquiring an additional 2,850 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of China Yuchai International by 60.1% in the second quarter. Russell Investments Group Ltd. now owns 70,033 shares of the company’s stock valued at $1,478,000 after acquiring an additional 26,284 shares during the period. Institutional investors own 27.12% of the company’s stock.

A number of equities analysts have recently commented on the stock. ValuEngine lowered shares of China Yuchai International from a “hold” rating to a “sell” rating in a research report on Thursday, July 19th. Zacks Investment Research lowered shares of China Yuchai International from a “hold” rating to a “sell” rating in a research report on Monday, August 20th.

Shares of China Yuchai International stock opened at $15.42 on Thursday. China Yuchai International Limited has a 1 year low of $14.80 and a 1 year high of $27.98. The company has a market cap of $704.82 million, a price-to-earnings ratio of 4.99 and a beta of 1.27.

China Yuchai International (NYSE:CYD) last announced its earnings results on Friday, August 10th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.24). China Yuchai International had a net margin of 5.90% and a return on equity of 27.31%. The company had revenue of $635.46 million for the quarter, compared to the consensus estimate of $629.87 million. On average, equities research analysts anticipate that China Yuchai International Limited will post 2.23 EPS for the current year.

China Yuchai International Profile

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.

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

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