Saia, Inc. $SAIA Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in Saia, Inc. (NASDAQ:SAIA) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,029 shares of the transportation company’s stock after selling 199 shares during the quarter. Yousif Capital Management LLC’s holdings in Saia were worth $2,474,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. CWM LLC lifted its holdings in Saia by 21.6% in the second quarter. CWM LLC now owns 248 shares of the transportation company’s stock worth $68,000 after purchasing an additional 44 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in Saia by 23.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,353 shares of the transportation company’s stock worth $1,193,000 after acquiring an additional 828 shares in the last quarter. Inspire Investing LLC raised its position in Saia by 18.3% in the second quarter. Inspire Investing LLC now owns 1,026 shares of the transportation company’s stock worth $281,000 after acquiring an additional 159 shares in the last quarter. Blue Trust Inc. raised its position in Saia by 52.9% in the second quarter. Blue Trust Inc. now owns 208 shares of the transportation company’s stock worth $57,000 after acquiring an additional 72 shares in the last quarter. Finally, KLP Kapitalforvaltning AS raised its position in Saia by 3.7% in the second quarter. KLP Kapitalforvaltning AS now owns 5,600 shares of the transportation company’s stock worth $1,534,000 after acquiring an additional 200 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have commented on SAIA shares. Stephens boosted their price target on shares of Saia from $274.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 29th. Barclays boosted their price target on shares of Saia from $315.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Saia in a research report on Wednesday, October 8th. Benchmark reiterated a “buy” rating and issued a $360.00 price target on shares of Saia in a research report on Thursday, September 25th. Finally, Susquehanna upgraded shares of Saia from a “neutral” rating to a “positive” rating and boosted their price target for the stock from $340.00 to $360.00 in a research report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Saia currently has a consensus rating of “Moderate Buy” and an average target price of $340.28.

Saia Price Performance

NASDAQ SAIA opened at $306.64 on Friday. The stock’s 50-day moving average price is $303.48 and its two-hundred day moving average price is $294.48. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.13. The company has a market cap of $8.17 billion, a PE ratio of 28.31, a PEG ratio of 14.13 and a beta of 2.00. Saia, Inc. has a 1 year low of $229.12 and a 1 year high of $624.55.

Saia (NASDAQ:SAIA) last posted its quarterly earnings data on Friday, July 25th. The transportation company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.39 by $0.28. The firm had revenue of $817.12 million for the quarter, compared to the consensus estimate of $826.59 million. Saia had a return on equity of 12.42% and a net margin of 8.96%.The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.83 EPS. On average, analysts predict that Saia, Inc. will post 15.46 EPS for the current year.

About Saia

Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.