Yousif Capital Management LLC Sells 201 Shares of Saia, Inc. (NASDAQ:SAIA)

Yousif Capital Management LLC trimmed its stake in Saia, Inc. (NASDAQ:SAIA) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,228 shares of the transportation company’s stock after selling 201 shares during the quarter. Yousif Capital Management LLC’s holdings in Saia were worth $3,225,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Interval Partners LP bought a new position in Saia in the fourth quarter valued at approximately $89,229,000. Driehaus Capital Management LLC grew its stake 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 purchasing an additional 6,274 shares in the last quarter. Highview Capital Management LLC DE bought a new position in Saia in the fourth quarter valued at approximately $1,324,000. Y Intercept Hong Kong Ltd bought a new position in Saia in the fourth quarter valued at approximately $3,363,000. Finally, Charles Schwab Investment Management Inc. grew its stake 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 purchasing an additional 4,972 shares in the last quarter.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft downgraded Saia from a “buy” rating to a “hold” rating and set a $273.00 target price for the company. in a research note on Thursday, May 1st. BMO Capital Markets downgraded Saia from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $455.00 to $285.00 in a research note on Friday, April 25th. UBS Group reduced their target price on Saia from $422.00 to $305.00 and set a “buy” rating for the company in a research note on Monday, April 28th. Citigroup lifted their target price on Saia from $288.00 to $317.00 and gave the stock a “buy” rating in a research note on Friday, May 30th. Finally, Stephens downgraded Saia from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $515.00 to $255.00 in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Saia currently has a consensus rating of “Hold” and a consensus target price of $333.84.

Saia Stock Performance

NASDAQ:SAIA opened at $260.81 on Friday. The stock has a fifty day moving average price of $285.28 and a 200-day moving average price of $393.65. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 2.24 and a beta of 2.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.57. Saia, Inc. has a fifty-two week low of $229.12 and a fifty-two week high of $624.55.

Saia (NASDAQ:SAIA) 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 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 was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.38 earnings per share. As a group, equities 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.