Axa S.A. Has $4.84 Million Holdings in Saia, Inc. (NASDAQ:SAIA)

Axa S.A. trimmed its holdings in Saia, Inc. (NASDAQ:SAIA) by 43.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,200 shares of the transportation company’s stock after selling 7,944 shares during the period. Axa S.A.’s holdings in Saia were worth $4,838,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Point72 Europe London LLP bought a new stake in Saia during the second quarter worth about $1,613,000. Marshall Wace LLP raised its position in shares of Saia by 1,654.7% in the 2nd quarter. Marshall Wace LLP now owns 15,792 shares of the transportation company’s stock valued at $7,490,000 after buying an additional 14,892 shares in the last quarter. Xponance Inc. lifted its holdings in shares of Saia by 25.6% during the 2nd quarter. Xponance Inc. now owns 4,328 shares of the transportation company’s stock worth $2,053,000 after acquiring an additional 882 shares during the period. Evergreen Capital Management LLC boosted its position in shares of Saia by 21.5% during the 2nd quarter. Evergreen Capital Management LLC now owns 763 shares of the transportation company’s stock worth $362,000 after acquiring an additional 135 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Saia by 2.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 869,859 shares of the transportation company’s stock worth $412,566,000 after acquiring an additional 22,143 shares in the last quarter.

Saia Price Performance

SAIA stock opened at $434.62 on Monday. The company has a market capitalization of $11.56 billion, a P/E ratio of 31.49, a PEG ratio of 2.15 and a beta of 1.74. The company has a fifty day moving average price of $409.73 and a 200-day moving average price of $455.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.36 and a current ratio of 1.36. Saia, Inc. has a 52-week low of $341.26 and a 52-week high of $628.34.

Saia (NASDAQ:SAIA) last announced its earnings results on Friday, July 26th. The transportation company reported $3.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.00 by ($0.17). The company had revenue of $823.24 million for the quarter, compared to the consensus estimate of $821.60 million. Saia had a return on equity of 19.14% and a net margin of 12.26%. As a group, equities analysts expect that Saia, Inc. will post 13.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SAIA. JPMorgan Chase & Co. upped their target price on Saia from $479.00 to $481.00 and gave the stock an “overweight” rating in a research note on Friday, September 6th. Wells Fargo & Company upped their price objective on Saia from $400.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 5th. Evercore ISI lifted their target price on Saia from $523.00 to $566.00 and gave the company an “outperform” rating in a research report on Tuesday, June 25th. Barclays dropped their target price on shares of Saia from $575.00 to $515.00 and set an “overweight” rating for the company in a report on Monday, July 29th. Finally, Benchmark reaffirmed a “buy” rating and set a $480.00 price target on shares of Saia in a report on Thursday, September 19th. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $479.07.

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.