657 Shares in Saia, Inc. (NASDAQ:SAIA) Bought by Brown Financial Advisors

Brown Financial Advisors purchased a new stake in Saia, Inc. (NASDAQ:SAIA) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 657 shares of the transportation company’s stock, valued at approximately $312,000.

Several other institutional investors have also bought and sold shares of the stock. AdvisorNet Financial Inc grew its position in Saia by 5.7% during the 1st quarter. AdvisorNet Financial Inc now owns 387 shares of the transportation company’s stock worth $226,000 after acquiring an additional 21 shares during the last quarter. Fifth Third Bancorp increased its stake in Saia by 10.5% during the second quarter. Fifth Third Bancorp now owns 232 shares of the transportation company’s stock worth $110,000 after acquiring an additional 22 shares during the last quarter. LRI Investments LLC grew its stake in Saia by 6.6% in the second quarter. LRI Investments LLC now owns 386 shares of the transportation company’s stock worth $183,000 after purchasing an additional 24 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Saia by 3.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 723 shares of the transportation company’s stock valued at $423,000 after acquiring an additional 27 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in Saia by 1.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,977 shares of the transportation company’s stock worth $1,742,000 after acquiring an additional 30 shares during the period.

Saia Price Performance

NASDAQ:SAIA opened at $430.14 on Thursday. The stock has a market cap of $11.44 billion, a P/E ratio of 31.17, a PEG ratio of 2.05 and a beta of 1.74. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.36. The company has a fifty day moving average price of $407.69 and a 200 day moving average price of $453.30. Saia, Inc. has a one year low of $341.26 and a one year high of $628.34.

Saia (NASDAQ:SAIA) last announced its earnings results on Friday, July 26th. The transportation company reported $3.83 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 analyst estimates of $821.60 million. Saia had a return on equity of 19.14% and a net margin of 12.26%. Analysts anticipate that Saia, Inc. will post 13.91 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on SAIA shares. Susquehanna upped their price objective on Saia from $550.00 to $585.00 and gave the company a “positive” rating in a report on Wednesday, September 18th. Barclays decreased their price target on shares of Saia from $575.00 to $515.00 and set an “overweight” rating on the stock in a report on Monday, July 29th. Evercore ISI boosted their target price on shares of Saia from $523.00 to $566.00 and gave the company an “outperform” rating in a research note on Tuesday, June 25th. BMO Capital Markets dropped their price objective on shares of Saia from $500.00 to $480.00 and set a “market perform” rating on the stock in a research note on Monday, July 29th. Finally, Benchmark reissued a “buy” rating and issued a $480.00 price target on shares of Saia in a report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Saia presently has an average rating of “Moderate Buy” and a consensus price target of $494.00.

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.