WINTON GROUP Ltd acquired a new position in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 59,446 shares of the company's stock, valued at approximately $480,000. WINTON GROUP Ltd owned 0.22% of Proficient Auto Logistics at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. American Century Companies Inc. lifted its stake in Proficient Auto Logistics by 12.4% during the 4th quarter. American Century Companies Inc. now owns 1,453,428 shares of the company's stock valued at $11,729,000 after acquiring an additional 160,032 shares during the period. Lord Abbett & CO. LLC lifted its position in Proficient Auto Logistics by 40.5% during the third quarter. Lord Abbett & CO. LLC now owns 498,911 shares of the company's stock valued at $7,075,000 after purchasing an additional 143,697 shares during the period. First Eagle Investment Management LLC lifted its position in Proficient Auto Logistics by 61.1% during the fourth quarter. First Eagle Investment Management LLC now owns 357,748 shares of the company's stock valued at $2,887,000 after purchasing an additional 135,720 shares during the period. Geode Capital Management LLC boosted its holdings in Proficient Auto Logistics by 136.9% in the third quarter. Geode Capital Management LLC now owns 347,752 shares of the company's stock valued at $4,932,000 after purchasing an additional 200,977 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. grew its position in Proficient Auto Logistics by 163.4% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 253,030 shares of the company's stock worth $2,042,000 after purchasing an additional 156,967 shares during the period.
Proficient Auto Logistics Stock Performance
Shares of Proficient Auto Logistics stock traded down $0.18 on Tuesday, reaching $8.19. The company's stock had a trading volume of 293,966 shares, compared to its average volume of 280,848. Proficient Auto Logistics, Inc. has a 52-week low of $7.24 and a 52-week high of $21.01. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average price of $9.99 and a 200-day moving average price of $10.43.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on PAL. Stifel Nicolaus lowered their target price 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 objective on shares of Proficient Auto Logistics in a research report on Wednesday, February 12th.
Read Our Latest Report on PAL
Proficient Auto Logistics Company Profile
(
Free Report)
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.
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