Hantz Financial Services Inc. Decreases Stock Holdings in Saia, Inc. (NASDAQ:SAIA)

Hantz Financial Services Inc. trimmed its holdings in Saia, Inc. (NASDAQ:SAIA) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,356 shares of the transportation company’s stock after selling 1,564 shares during the quarter. Hantz Financial Services Inc.’s holdings in Saia were worth $11,524,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Saia by 2.6% in 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 purchasing an additional 22,143 shares in the last quarter. Westfield Capital Management Co. LP lifted its stake in Saia by 11.8% in the 3rd quarter. Westfield Capital Management Co. LP now owns 303,582 shares of the transportation company’s stock worth $132,744,000 after purchasing an additional 31,991 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Saia by 64.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 250,626 shares of the transportation company’s stock worth $109,589,000 after purchasing an additional 98,383 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Saia by 15.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 235,401 shares of the transportation company’s stock worth $111,648,000 after buying an additional 31,397 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Saia by 3.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 221,165 shares of the transportation company’s stock worth $96,707,000 after buying an additional 6,342 shares during the last quarter.

Analyst Ratings Changes

SAIA has been the subject of a number of recent analyst reports. Susquehanna raised their price target on shares of Saia from $550.00 to $585.00 and gave the stock a “positive” rating in a report on Wednesday, September 18th. Stifel Nicolaus downgraded shares of Saia from a “buy” rating to a “hold” rating and cut their price target for the stock from $440.00 to $437.00 in a report on Monday, October 21st. JPMorgan Chase & Co. raised their price target on shares of Saia from $479.00 to $481.00 and gave the stock an “overweight” rating in a report on Friday, September 6th. Citigroup raised their price target on shares of Saia from $534.00 to $651.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, Barclays lifted their target price on shares of Saia from $515.00 to $620.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $506.00.

Insider Transactions at Saia

In other news, EVP Rohit Lal sold 1,120 shares of Saia stock in a transaction 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 of the company’s stock, valued at approximately $4,631,200. The trade was a 11.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Saia Stock Performance

Shares of SAIA stock opened at $564.38 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.08. Saia, Inc. has a 52 week low of $358.90 and a 52 week high of $628.34. The stock has a market capitalization of $15.01 billion, a PE ratio of 40.31, a P/E/G ratio of 3.11 and a beta of 1.73. The firm has a 50 day moving average of $479.65 and a two-hundred day moving average of $443.48.

Saia (NASDAQ:SAIA) last released its quarterly earnings data on Friday, October 25th. The transportation company reported $3.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.53 by ($0.07). The firm had revenue of $842.10 million for the quarter, compared to analysts’ expectations of $839.82 million. Saia had a return on equity of 18.00% and a net margin of 11.83%. Saia’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the firm posted $3.67 earnings per share. On average, research analysts predict that Saia, Inc. will post 13.54 EPS for the current fiscal 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.