Universal Beteiligungs und Servicegesellschaft mbH Acquires New Stake in Saia, Inc. (NASDAQ:SAIA)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Saia, Inc. (NASDAQ:SAIA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,859 shares of the transportation company's stock, valued at approximately $4,493,000.

Other large investors have also recently bought and sold shares of the company. Interval Partners LP purchased a new stake in Saia in the fourth quarter valued at approximately $89,229,000. Driehaus Capital Management LLC boosted its position in Saia by 9.0% in the fourth quarter. Driehaus Capital Management LLC now owns 75,726 shares of the transportation company's stock valued at $34,511,000 after buying an additional 6,274 shares during the last quarter. Highview Capital Management LLC DE purchased a new stake in Saia in the fourth quarter valued at approximately $1,324,000. Y Intercept Hong Kong Ltd purchased a new stake in Saia in the fourth quarter valued at approximately $3,363,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Saia by 2.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 226,137 shares of the transportation company's stock valued at $103,057,000 after buying an additional 4,972 shares during the last quarter.

Saia Price Performance

NASDAQ SAIA traded down $11.63 during mid-day trading on Thursday, hitting $253.45. The stock had a trading volume of 1,174,854 shares, compared to its average volume of 499,407. The firm's 50 day moving average is $294.66 and its 200 day moving average is $405.46. Saia, Inc. has a twelve month low of $229.12 and a twelve month high of $624.55. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.57 and a quick ratio of 1.26. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 2.24 and a beta of 2.03.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wells Fargo & Company dropped their target price on Saia from $400.00 to $260.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. Deutsche Bank Aktiengesellschaft lowered Saia from a "buy" rating to a "hold" rating and set a $273.00 target price on the stock. in a research report on Thursday, May 1st. Morgan Stanley set a $250.00 price objective on Saia in a research report on Friday, April 25th. Evercore ISI lowered their price objective on Saia from $415.00 to $298.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Finally, BMO Capital Markets lowered Saia from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $455.00 to $285.00 in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $340.16.

About Saia

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.