China Yuchai International (NYSE:CYD) released its earnings results on Tuesday. The company reported $0.85 EPS for the quarter, Morningstar.com reports. China Yuchai International had a net margin of 5.92% and a return on equity of 31.13%. The firm had revenue of $578.62 million for the quarter. During the same period last year, the firm posted $0.85 EPS.
China Yuchai International (NYSE CYD) traded up $0.50 during mid-day trading on Thursday, hitting $22.91. 13,685 shares of the stock traded hands, compared to its average volume of 65,792. China Yuchai International has a 1 year low of $15.83 and a 1 year high of $27.98. The stock has a market capitalization of $957.85, a P/E ratio of 8.29 and a beta of 0.88.
Separately, ValuEngine downgraded shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st.
Several hedge funds have recently added to or reduced their stakes in the company. Advisor Group Inc. lifted its holdings in shares of China Yuchai International by 45.3% in the fourth quarter. Advisor Group Inc. now owns 6,889 shares of the company’s stock worth $165,000 after buying an additional 2,149 shares in the last quarter. James Investment Research Inc. increased its position in China Yuchai International by 1.9% in the fourth quarter. James Investment Research Inc. now owns 118,755 shares of the company’s stock worth $2,850,000 after purchasing an additional 2,175 shares during the last quarter. Envestnet Asset Management Inc. increased its position in China Yuchai International by 53.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,567 shares of the company’s stock worth $182,000 after purchasing an additional 2,621 shares during the last quarter. State Street Corp increased its position in China Yuchai International by 7.9% in the second quarter. State Street Corp now owns 60,724 shares of the company’s stock worth $1,106,000 after purchasing an additional 4,453 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in China Yuchai International by 3.7% in the fourth quarter. Renaissance Technologies LLC now owns 156,000 shares of the company’s stock worth $3,744,000 after purchasing an additional 5,600 shares during the last quarter. 26.80% of the stock is currently owned by hedge funds and other institutional investors.
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About China Yuchai International
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).
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