Saia, Inc. (NASDAQ:SAIA) Stake Lessened by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its stake in shares of Saia, Inc. (NASDAQ:SAIA) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,905 shares of the transportation company’s stock after selling 1,451 shares during the quarter. Hantz Financial Services Inc. owned approximately 0.09% of Saia worth $11,350,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its position in shares of Saia by 1.3% during the fourth quarter. Pacer Advisors Inc. now owns 3,982 shares of the transportation company’s stock worth $1,815,000 after purchasing an additional 51 shares during the last quarter. KBC Group NV increased its holdings in shares of Saia by 47.7% in the 4th quarter. KBC Group NV now owns 1,093 shares of the transportation company’s stock valued at $498,000 after acquiring an additional 353 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Saia by 64.6% during the fourth quarter. Blue Trust Inc. now owns 469 shares of the transportation company’s stock worth $205,000 after purchasing an additional 184 shares during the period. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Saia during the 4th quarter valued at about $820,000. Finally, Exchange Traded Concepts LLC acquired a new stake in Saia during the fourth quarter worth about $366,000.

Analyst Upgrades and Downgrades

SAIA has been the subject of several recent research reports. Jefferies Financial Group upped their target price on Saia from $525.00 to $560.00 and gave the company a “buy” rating in a report on Friday, January 10th. Evercore ISI dropped their price objective 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. The Goldman Sachs Group upped their target price on shares of Saia from $492.00 to $563.00 and gave the stock a “neutral” rating in a research report on Thursday, December 12th. Bank of America cut their target price on Saia from $612.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Finally, Citigroup lowered their price target on Saia from $651.00 to $644.00 and set a “buy” rating on the stock in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $527.65.

Insider Transactions at Saia

In other news, EVP Rohit Lal sold 1,120 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $560.00, for a total value of $627,200.00. Following the completion of the sale, the executive vice president now owns 8,270 shares in the company, valued at $4,631,200. This represents a 11.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by insiders.

Saia Trading Down 0.8 %

NASDAQ:SAIA opened at $495.82 on Wednesday. The stock has a fifty day simple moving average of $501.77 and a 200 day simple moving average of $461.88. The firm has a market capitalization of $13.19 billion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 2.38 and a beta of 1.79. Saia, Inc. has a 1-year low of $358.90 and a 1-year high of $628.34. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.08.

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.