China Yuchai International Limited (NYSE:CYD) Shares Sold by Brandes Investment Partners LP

Brandes Investment Partners LP lowered its stake in shares of China Yuchai International Limited (NYSE:CYDGet Rating) by 1.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,966,016 shares of the company’s stock after selling 19,952 shares during the quarter. Brandes Investment Partners LP’s holdings in China Yuchai International were worth $22,904,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Corton Capital Inc. acquired a new stake in shares of China Yuchai International during the fourth quarter worth approximately $310,000. 21.00% of the stock is currently owned by hedge funds and other institutional investors.

China Yuchai International Stock Up 2.1 %

CYD traded up $0.19 during trading hours on Wednesday, hitting $9.14. 21,903 shares of the stock were exchanged, compared to its average volume of 16,729. The stock has a 50-day simple moving average of $9.07 and a 200-day simple moving average of $10.65. China Yuchai International Limited has a 12 month low of $8.20 and a 12 month high of $15.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.01 and a current ratio of 1.42.

China Yuchai International Cuts Dividend

The business also recently announced an annual dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, July 6th were paid a $0.40 dividend. This represents a yield of 4.16%. The ex-dividend date of this dividend was Tuesday, July 5th.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of China Yuchai International in a research report on Thursday, August 11th. They set a “hold” rating for the company.

About China Yuchai International

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China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.

See Also

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

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