Mutual of America Capital Management LLC Has $9.66 Million Holdings in Saia, Inc. (NASDAQ:SAIA)

Mutual of America Capital Management LLC trimmed its holdings in shares of Saia, Inc. (NASDAQ:SAIA) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,102 shares of the transportation company’s stock after selling 972 shares during the quarter. Mutual of America Capital Management LLC owned about 0.08% of Saia worth $9,664,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp lifted its holdings in shares of Saia by 10.5% during the 2nd 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 period. LRI Investments LLC lifted its stake in 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 purchasing an additional 24 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Saia by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 770 shares of the transportation company’s stock valued at $337,000 after purchasing an additional 26 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Saia by 3.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 723 shares of the transportation company’s stock valued at $423,000 after purchasing an additional 27 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC raised its holdings in shares of Saia by 4.1% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 770 shares of the transportation company’s stock worth $337,000 after buying an additional 30 shares in the last quarter.

Saia Trading Down 3.7 %

NASDAQ:SAIA opened at $522.37 on Monday. The firm has a market cap of $13.89 billion, a P/E ratio of 37.31, a P/E/G ratio of 2.88 and a beta of 1.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.26. Saia, Inc. has a 52 week low of $358.90 and a 52 week high of $628.34. The firm’s fifty day moving average is $461.16 and its 200-day moving average is $436.02.

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SAIA. Wolfe Research raised Saia from a “peer perform” rating to an “outperform” rating and set a $511.00 price objective on the stock in a research note on Wednesday, October 9th. The Goldman Sachs Group reduced their price target on shares of Saia from $510.00 to $490.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Stephens upped their price objective on shares of Saia from $481.00 to $515.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Jefferies Financial Group raised their target price on shares of Saia from $480.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Finally, BMO Capital Markets upped their price target on shares of Saia from $465.00 to $495.00 and gave the stock a “market perform” rating in a report on Monday, October 28th. One research 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 MarketBeat, Saia has a consensus rating of “Moderate Buy” and a consensus price target of $506.00.

Saia 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.