4,580 Shares in Saia, Inc. (NASDAQ:SAIA) Acquired by Country Club Bank

Country Club Bank acquired a new position in shares of Saia, Inc. (NASDAQ:SAIA - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,580 shares of the transportation company's stock, valued at approximately $1,644,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Saia by 172.7% during the fourth 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 last quarter. Golden State Wealth Management LLC increased its holdings in shares of Saia by 127.0% during the first quarter. Golden State Wealth Management LLC now owns 84 shares of the transportation company's stock valued at $29,000 after acquiring an additional 47 shares in the last quarter. Atala Financial Inc bought a new stake in shares of Saia during the fourth quarter valued at approximately $36,000. Huntington National Bank increased its holdings in shares of Saia by 291.7% during the fourth quarter. Huntington National Bank now owns 94 shares of the transportation company's stock valued at $43,000 after acquiring an additional 70 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in shares of Saia during the first quarter valued at approximately $43,000.

Analyst Upgrades and Downgrades

SAIA has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on Saia from $285.00 to $295.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Bank of America boosted their price objective on Saia from $251.00 to $300.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Raymond James Financial set a $310.00 price objective on Saia and gave the company an "outperform" rating in a research note on Monday, April 28th. Stephens lowered Saia from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $515.00 to $255.00 in a research note on Tuesday, April 29th. Finally, Citigroup upped their price objective on Saia from $313.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $338.26.

Saia Stock Down 1.1%

Shares of NASDAQ:SAIA traded down $3.50 during trading on Friday, hitting $303.28. The stock had a trading volume of 392,720 shares, compared to its average volume of 530,558. Saia, Inc. has a 12 month low of $229.12 and a 12 month high of $624.55. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $8.08 billion, a PE ratio of 25.29, a PEG ratio of 10.47 and a beta of 1.98. The firm's fifty day moving average is $272.71 and its 200 day moving average is $359.21.

Saia (NASDAQ:SAIA - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $806.18 million. Saia had a net margin of 9.91% and a return on equity of 14.21%. The firm's quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $3.38 EPS. Analysts anticipate 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.