85,036 Shares in Proficient Auto Logistics, Inc. (NASDAQ:PAL) Bought by Boston Partners

Boston Partners bought a new position in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 85,036 shares of the company's stock, valued at approximately $686,000. Boston Partners owned 0.31% of Proficient Auto Logistics as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of PAL. Geode Capital Management LLC lifted its holdings in shares of Proficient Auto Logistics by 136.9% during the 3rd quarter. Geode Capital Management LLC now owns 347,752 shares of the company's stock worth $4,932,000 after acquiring an additional 200,977 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Proficient Auto Logistics by 159,197.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 55,754 shares of the company's stock worth $791,000 after buying an additional 55,719 shares during the last quarter. State Street Corp raised its position in shares of Proficient Auto Logistics by 199.0% in the 3rd quarter. State Street Corp now owns 157,551 shares of the company's stock worth $2,234,000 after buying an additional 104,851 shares during the period. Barclays PLC acquired a new position in Proficient Auto Logistics in the third quarter valued at $311,000. Finally, Mutual of America Capital Management LLC purchased a new stake in Proficient Auto Logistics during the third quarter valued at about $1,383,000.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PAL shares. Stifel Nicolaus reduced their price objective on Proficient Auto Logistics from $15.00 to $14.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. Barrington Research restated an "outperform" rating and issued a $15.00 price target on shares of Proficient Auto Logistics in a report on Wednesday, February 12th.

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Proficient Auto Logistics Stock Down 2.0 %

NASDAQ:PAL traded down $0.20 during mid-day trading on Wednesday, hitting $9.75. The company had a trading volume of 288,013 shares, compared to its average volume of 275,197. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.16. Proficient Auto Logistics, Inc. has a 1 year low of $7.24 and a 1 year high of $21.01. The business has a fifty day simple moving average of $10.08 and a 200-day simple moving average of $10.67.

Proficient Auto Logistics Company Profile

Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers.