Saia, Inc. $SAIA Shares Sold by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC lowered its stake in Saia, Inc. (NASDAQ:SAIA) by 6.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,576 shares of the transportation company’s stock after selling 109 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Saia were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SAIA. Alliancebernstein L.P. raised its position in Saia by 17.3% in the 1st quarter. Alliancebernstein L.P. now owns 2,275,661 shares of the transportation company’s stock valued at $795,184,000 after purchasing an additional 336,046 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of Saia by 35.4% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,206,837 shares of the transportation company’s stock valued at $421,705,000 after acquiring an additional 315,514 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Saia by 11.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,831,614 shares of the transportation company’s stock valued at $989,452,000 after acquiring an additional 288,746 shares during the last quarter. Select Equity Group L.P. increased its holdings in shares of Saia by 59.6% in the 1st quarter. Select Equity Group L.P. now owns 480,498 shares of the transportation company’s stock valued at $167,900,000 after acquiring an additional 179,444 shares during the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in shares of Saia in the 1st quarter valued at about $37,228,000.

Saia Trading Down 1.8%

Shares of SAIA stock opened at $293.88 on Thursday. The business’s 50 day moving average is $303.56 and its two-hundred day moving average is $299.38. Saia, Inc. has a twelve month low of $229.12 and a twelve month high of $624.55. The company has a market capitalization of $7.83 billion, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 13.70 and a beta of 2.00. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.13.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on SAIA shares. Benchmark reiterated a “buy” rating and issued a $360.00 price objective on shares of Saia in a report on Thursday, September 25th. Evercore ISI dropped their price objective on Saia from $345.00 to $328.00 and set an “outperform” rating on the stock in a report on Tuesday. Jefferies Financial Group set a $335.00 price objective on Saia and gave the company a “buy” rating in a report on Tuesday, June 10th. Zacks Research upgraded Saia from a “strong sell” rating to a “hold” rating in a report on Monday, August 25th. Finally, Susquehanna upgraded Saia from a “neutral” rating to a “positive” rating and raised their price target for the stock from $340.00 to $360.00 in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $346.26.

Saia Company Profile

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.