Vanguard Personalized Indexing Management LLC Has $1.58 Million Position in Saia, Inc. (NASDAQ:SAIA)

Vanguard Personalized Indexing Management LLC boosted its stake in Saia, Inc. (NASDAQ:SAIA) by 18.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,506 shares of the transportation company’s stock after purchasing an additional 535 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Saia were worth $1,582,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Capital Research Global Investors lifted its stake in shares of Saia by 129.8% in the 4th quarter. Capital Research Global Investors now owns 920,258 shares of the transportation company’s stock valued at $403,275,000 after acquiring an additional 519,819 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Saia by 347.3% in the 2nd quarter. American Century Companies Inc. now owns 159,853 shares of the transportation company’s stock worth $75,817,000 after purchasing an additional 124,117 shares during the period. Clearbridge Investments LLC bought a new stake in shares of Saia in the 1st quarter valued at $27,733,000. Vaughan Nelson Investment Management L.P. increased its position in shares of Saia by 6.8% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 708,420 shares of the transportation company’s stock worth $414,425,000 after buying an additional 45,155 shares during the period. Finally, Natixis Investment Managers International increased its position in shares of Saia by 53.7% during the fourth quarter. Natixis Investment Managers International now owns 95,730 shares of the transportation company’s stock worth $41,951,000 after buying an additional 33,445 shares during the period.

Analysts Set New Price Targets

SAIA has been the topic of a number of research analyst reports. Bank of America upped their price target on shares of Saia from $443.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Wells Fargo & Company upped their target price on Saia from $400.00 to $410.00 and gave the company an “equal weight” rating in a research report on Thursday, September 5th. Barclays lowered their target price on Saia from $575.00 to $515.00 and set an “overweight” rating for the company in a report on Monday, July 29th. Raymond James cut their price target on Saia from $540.00 to $520.00 and set an “outperform” rating on the stock in a report on Monday, June 24th. Finally, TD Cowen lifted their price objective on shares of Saia from $416.00 to $418.00 and gave the company a “hold” rating in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $479.07.

Saia Stock Down 3.8 %

Shares of NASDAQ SAIA opened at $436.78 on Friday. 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 50-day moving average price of $414.29 and a 200-day moving average price of $461.61. The stock has a market capitalization of $11.61 billion, a P/E ratio of 31.65, a P/E/G ratio of 2.05 and a beta of 1.74. Saia, Inc. has a 1 year low of $341.26 and a 1 year high of $628.34.

Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Friday, July 26th. The transportation company reported $3.83 earnings per share for the quarter, missing the consensus estimate of $4.00 by ($0.17). The business had revenue of $823.24 million during the quarter, compared to the consensus estimate of $821.60 million. Saia had a net margin of 12.26% and a return on equity of 19.14%. On average, equities research analysts forecast that Saia, Inc. will post 13.92 EPS for the current fiscal 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.