Captrust Financial Advisors Takes Position in Saia, Inc. (NASDAQ:SAIA)

Captrust Financial Advisors acquired a new stake in shares of Saia, Inc. (NASDAQ:SAIA - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,386 shares of the transportation company's stock, valued at approximately $632,000.

Other large investors have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new stake in Saia during the fourth quarter worth about $2,908,000. Balyasny Asset Management L.P. lifted its position in shares of Saia by 24,815.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 372,728 shares of the transportation company's stock worth $169,863,000 after buying an additional 371,232 shares during the last quarter. BNP Paribas Financial Markets grew its position in Saia by 2,373.4% during the 4th quarter. BNP Paribas Financial Markets now owns 91,468 shares of the transportation company's stock worth $41,685,000 after purchasing an additional 87,770 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Saia by 76.2% in the 4th 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 period. Finally, Freestone Grove Partners LP acquired a new position in Saia in the 4th quarter valued at $36,208,000.

Saia Stock Performance

Shares of SAIA stock traded down $3.91 on Tuesday, hitting $277.58. 313,861 shares of the stock were exchanged, compared to its average volume of 500,099. The firm's 50 day moving average is $317.78 and its two-hundred day moving average is $426.86. The firm has a market capitalization of $7.39 billion, a PE ratio of 20.55, a P/E/G ratio of 2.24 and a beta of 2.03. The company has a current ratio of 1.57, a quick ratio of 1.26 and a debt-to-equity ratio of 0.08. Saia, Inc. has a one year low of $229.12 and a one year high of $624.55.

Saia (NASDAQ:SAIA - Get Free Report) last released its earnings results on Friday, April 25th. The transportation company reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.77 by ($0.91). The company had revenue of $787.58 million during the quarter, compared to the consensus estimate of $806.18 million. Saia had a net margin of 11.28% and a return on equity of 16.63%. The company's revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $3.38 EPS. Sell-side analysts expect that Saia, Inc. will post 15.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SAIA. Jefferies Financial Group cut their price objective on shares of Saia from $560.00 to $455.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft lowered shares of Saia from a "buy" rating to a "hold" rating and set a $273.00 price objective on the stock. in a research note on Thursday, May 1st. The Goldman Sachs Group cut their price target on shares of Saia from $485.00 to $387.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Wells Fargo & Company decreased their price objective on shares of Saia from $400.00 to $260.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Saia from $436.00 to $299.00 and set an "overweight" rating for the company in a report on Monday, April 28th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $345.16.

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.