B.O.S.S. Retirement Advisors LLC Acquires New Shares in Saia, Inc. (NASDAQ:SAIA)

B.O.S.S. Retirement Advisors LLC bought a new position in Saia, Inc. (NASDAQ:SAIA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,799 shares of the transportation company’s stock, valued at approximately $820,000.

A number of other hedge funds have also added to or reduced their stakes in SAIA. Oddo BHF Asset Management Sas purchased a new stake in Saia in the 3rd quarter worth approximately $1,408,000. MML Investors Services LLC raised its position in shares of Saia by 89.8% during the 3rd quarter. MML Investors Services LLC now owns 4,313 shares of the transportation company’s stock valued at $1,886,000 after buying an additional 2,041 shares in the last quarter. ZWJ Investment Counsel Inc. raised its holdings in shares of Saia by 2.8% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 59,870 shares of the transportation company’s stock valued at $27,285,000 after buying an additional 1,644 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new position in Saia in the 3rd quarter worth $22,979,000. Finally, BNP Paribas Financial Markets increased its position in shares of Saia by 61.7% in the third quarter. BNP Paribas Financial Markets now owns 3,698 shares of the transportation company’s stock valued at $1,617,000 after acquiring an additional 1,411 shares during the period.

Insider Buying and Selling

In related news, EVP Rohit Lal sold 1,120 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $560.00, for a total transaction of $627,200.00. Following the completion of the sale, the executive vice president now directly owns 8,270 shares in the company, valued at approximately $4,631,200. This trade represents a 11.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on SAIA shares. Wolfe Research upgraded shares of Saia from a “peer perform” rating to an “outperform” rating and set a $511.00 price target on the stock in a research report on Wednesday, October 9th. Bank of America dropped their price target on Saia from $612.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Susquehanna reiterated a “neutral” rating and set a $530.00 price target (down previously from $565.00) on shares of Saia in a research note on Tuesday, January 7th. The Goldman Sachs Group lifted their price objective on Saia from $492.00 to $563.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. Finally, Evercore ISI lowered their price target on shares of Saia from $503.00 to $488.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Saia currently has a consensus rating of “Moderate Buy” and a consensus price target of $527.65.

Saia Trading Down 1.4 %

Shares of Saia stock opened at $494.30 on Friday. Saia, Inc. has a 1 year low of $358.90 and a 1 year high of $628.34. The company has a market capitalization of $13.14 billion, a P/E ratio of 35.31, a PEG ratio of 2.38 and a beta of 1.79. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.26. The company’s fifty day moving average is $502.54 and its two-hundred day moving average is $460.94.

Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Friday, October 25th. The transportation company reported $3.46 earnings per share for the quarter, missing analysts’ consensus estimates of $3.53 by ($0.07). Saia had a net margin of 11.83% and a return on equity of 18.00%. The business had revenue of $842.10 million for the quarter, compared to the consensus estimate of $839.82 million. During the same period in the prior year, the company earned $3.67 EPS. Saia’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts forecast that Saia, Inc. will post 13.47 earnings per share for the current year.

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.