Yousif Capital Management LLC Cuts Holdings in Saia, Inc. (NASDAQ:SAIA)

Yousif Capital Management LLC lessened its stake in Saia, Inc. (NASDAQ:SAIA) by 4.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,429 shares of the transportation company’s stock after selling 413 shares during the quarter. Yousif Capital Management LLC’s holdings in Saia were worth $4,297,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Paladin Wealth LLC purchased a new position in Saia in the third quarter worth approximately $40,000. Tobam acquired a new stake in shares of Saia in the 3rd quarter valued at $100,000. Blue Trust Inc. lifted its position in shares of Saia by 319.1% during the 3rd quarter. Blue Trust Inc. now owns 285 shares of the transportation company’s stock worth $135,000 after purchasing an additional 217 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Saia by 148.0% during the fourth quarter. GAMMA Investing LLC now owns 367 shares of the transportation company’s stock worth $167,000 after purchasing an additional 219 shares in the last quarter. Finally, Rehmann Capital Advisory Group purchased a new position in Saia in the third quarter valued at $213,000.

Saia Price Performance

Saia stock opened at $489.51 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.26 and a quick ratio of 1.26. The business has a 50 day simple moving average of $492.66 and a 200-day simple moving average of $462.24. Saia, Inc. has a 12 month low of $358.90 and a 12 month high of $628.34. The stock has a market capitalization of $13.02 billion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 2.31 and a beta of 1.79.

Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Friday, February 7th. The transportation company reported $2.84 EPS for the quarter, missing analysts’ consensus estimates of $2.87 by ($0.03). The firm had revenue of $789.00 million for the quarter, compared to analysts’ expectations of $794.69 million. Saia had a return on equity of 18.00% and a net margin of 11.83%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.33 EPS. Equities analysts predict that Saia, Inc. will post 13.47 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Rohit Lal sold 1,120 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $560.00, for a total transaction of $627,200.00. Following the transaction, the executive vice president now owns 8,270 shares of the company’s stock, valued at $4,631,200. This represents a 11.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SAIA has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Saia from $566.00 to $558.00 and set an “overweight” rating for the company in a report on Tuesday. Jefferies Financial Group upped their price target on Saia from $525.00 to $560.00 and gave the company a “buy” rating in a report on Friday, January 10th. The Goldman Sachs Group raised their price objective on shares of Saia from $492.00 to $563.00 and gave the stock a “neutral” rating in a report on Thursday, December 12th. Bank of America lowered their target price on shares of Saia from $600.00 to $565.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Wells Fargo & Company cut their price target on shares of Saia from $550.00 to $510.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $535.41.

Saia 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.