Captrust Financial Advisors Purchases Shares of 1,386 Saia, Inc. (NASDAQ:SAIA)

Captrust Financial Advisors bought a new position in shares of Saia, Inc. (NASDAQ:SAIA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,386 shares of the transportation company's stock, valued at approximately $632,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Kestra Investment Management LLC acquired a new stake in Saia during the 4th quarter worth about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Saia by 172.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 60 shares of the transportation company's stock worth $28,000 after acquiring an additional 38 shares during the period. Atala Financial Inc acquired a new stake in Saia during the 4th quarter worth about $36,000. Huntington National Bank boosted its position in Saia by 291.7% during the 4th quarter. Huntington National Bank now owns 94 shares of the transportation company's stock worth $43,000 after acquiring an additional 70 shares during the period. Finally, Tortoise Investment Management LLC boosted its position in Saia by 76.6% during the 4th quarter. Tortoise Investment Management LLC now owns 113 shares of the transportation company's stock worth $51,000 after acquiring an additional 49 shares during the period.

Analysts Set New Price Targets

SAIA has been the subject of several research reports. Evercore ISI reduced their price target on Saia from $415.00 to $298.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Cowen restated a "hold" rating on shares of Saia in a report on Tuesday, February 4th. Stifel Nicolaus set a $277.00 target price on Saia in a report on Monday, April 28th. Wall Street Zen upgraded Saia to a "sell" rating in a report on Tuesday, May 13th. Finally, The Goldman Sachs Group reduced their target price on Saia from $485.00 to $387.00 and set a "neutral" rating for the company in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $345.16.

Saia Stock Performance

Shares of SAIA traded down $3.72 on Friday, reaching $264.32. 427,907 shares of the stock traded hands, compared to its average volume of 496,791. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 19.56, a P/E/G ratio of 2.24 and a beta of 2.03. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.57 and a quick ratio of 1.26. Saia, Inc. has a 12 month low of $229.12 and a 12 month high of $624.55. The stock's 50-day moving average price is $312.57 and its 200-day moving average price is $422.64.

Saia (NASDAQ:SAIA - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The transportation company reported $1.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.77 by ($0.91). The firm had revenue of $787.58 million for 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 business's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.38 earnings per share. Equities analysts forecast that Saia, Inc. will post 15.46 EPS for the current fiscal year.

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.