Saia, Inc. $SAIA Shares Bought by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Saia, Inc. (NASDAQ:SAIA) by 11.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,550 shares of the transportation company’s stock after acquiring an additional 254 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Saia were worth $891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Voya Investment Management LLC boosted its stake in Saia by 15.2% in the fourth quarter. Voya Investment Management LLC now owns 374,402 shares of the transportation company’s stock valued at $170,598,000 after acquiring an additional 49,442 shares during the period. Westfield Capital Management Co. LP raised its holdings in shares of Saia by 9.9% during the first quarter. Westfield Capital Management Co. LP now owns 373,503 shares of the transportation company’s stock valued at $130,513,000 after buying an additional 33,719 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Saia by 24,815.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 372,728 shares of the transportation company’s stock valued at $169,863,000 after buying an additional 371,232 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Saia by 76.2% during the fourth quarter. Ameriprise Financial Inc. now owns 355,929 shares of the transportation company’s stock valued at $162,213,000 after buying an additional 153,896 shares during the last quarter. Finally, Select Equity Group L.P. bought a new stake in shares of Saia during the fourth quarter valued at approximately $137,199,000.

Saia Trading Down 1.2%

Saia stock opened at $295.74 on Tuesday. Saia, Inc. has a 1 year low of $229.12 and a 1 year high of $624.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.49 and a current ratio of 1.49. The firm has a market cap of $7.88 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 13.81 and a beta of 1.99. The firm’s 50 day moving average price is $288.73 and its two-hundred day moving average price is $326.40.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on SAIA. Stifel Nicolaus reaffirmed a “hold” rating and set a $306.00 price target (up previously from $277.00) on shares of Saia in a report on Thursday, July 24th. Susquehanna lifted their price target on Saia from $275.00 to $340.00 and gave the company a “neutral” rating in a report on Monday, July 28th. Citigroup reaffirmed a “buy” rating and set a $393.00 price target (up previously from $350.00) on shares of Saia in a report on Monday, July 28th. Jefferies Financial Group set a $335.00 price target on Saia and gave the company a “buy” rating in a report on Tuesday, June 10th. Finally, Stephens lifted their price target on Saia from $274.00 to $300.00 and gave the company an “equal weight” rating in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $347.16.

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.