Fulton Bank N.A. Has $694,000 Stock Holdings in Saia, Inc. (NASDAQ:SAIA)

Fulton Bank N.A. boosted its stake in shares of Saia, Inc. (NASDAQ:SAIA) by 10.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,588 shares of the transportation company’s stock after buying an additional 152 shares during the period. Fulton Bank N.A.’s holdings in Saia were worth $694,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SAIA shares. JPMorgan Chase & Co. upped their price target on Saia from $479.00 to $481.00 and gave the stock an “overweight” rating in a research report on Friday, September 6th. TD Cowen increased their target price on shares of Saia from $416.00 to $418.00 and gave the stock a “hold” rating in a report on Thursday, September 5th. Barclays lowered their price target on shares of Saia from $575.00 to $515.00 and set an “overweight” rating on the stock in a research note on Monday, July 29th. Bank of America increased their price objective on shares of Saia from $443.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. Finally, Benchmark reaffirmed a “buy” rating and issued a $480.00 target price on shares of Saia in a research report on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $488.43.

Saia Stock Up 2.8 %

SAIA stock opened at $436.81 on Wednesday. Saia, Inc. has a 1-year low of $341.26 and a 1-year high of $628.34. The firm has a market capitalization of $11.61 billion, a PE ratio of 31.65, a PEG ratio of 2.03 and a beta of 1.74. The business’s 50 day simple moving average is $407.36 and its 200 day simple moving average is $448.27. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08.

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