Arnhold LLC Sells 211,028 Shares of China Yuchai International Limited (NYSE:CYD)

Arnhold LLC reduced its position in shares of China Yuchai International Limited (NYSE:CYD) by 84.3% in the fourth quarter, Holdings Channel reports. The fund owned 39,238 shares of the company’s stock after selling 211,028 shares during the quarter. Arnhold LLC’s holdings in China Yuchai International were worth $329,000 at the end of the most recent reporting period.

Separately, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of China Yuchai International by 3.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 70,475 shares of the company’s stock valued at $712,000 after acquiring an additional 2,605 shares during the last quarter.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on China Yuchai International in a research report on Wednesday, April 24th. They issued a “buy” rating for the company.

China Yuchai International Stock Up 1.8 %

CYD traded up $0.15 during trading on Tuesday, reaching $8.38. The company had a trading volume of 36,997 shares, compared to its average volume of 14,399. The business has a 50 day simple moving average of $8.56 and a 200-day simple moving average of $8.63. China Yuchai International Limited has a 52 week low of $7.45 and a 52 week high of $12.50.

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, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.