<div id="readability-page-1"><p>US Bancorp DE reduced its position in shares of  Saia, Inc. (NASDAQ:SAIA - Free Report) by 31.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 5,454 shares of the transportation company's stock after selling 2,515 shares during the period. US Bancorp DE's holdings in Saia were worth $1,494,000 at the end of the most recent quarter.</p><ul><li>Forget Airlines—These Trucking Stocks Are Shifting Into High Gear</li></ul><p>A number of other hedge funds have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its position in shares of  Saia by 11.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,831,614 shares of the transportation company's stock valued at $989,452,000 after purchasing an additional 288,746 shares in the last quarter.  Alliancebernstein L.P. grew its position in shares of  Saia by 17.3% during the 1st quarter. Alliancebernstein L.P. now owns 2,275,661 shares of the transportation company's stock valued at $795,184,000 after purchasing an additional 336,046 shares in the last quarter.  Kayne Anderson Rudnick Investment Management LLC grew its position in shares of  Saia by 35.4% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,206,837 shares of the transportation company's stock valued at $421,705,000 after purchasing an additional 315,514 shares in the last quarter.  Select Equity Group L.P. grew its position in shares of  Saia by 59.6% during the 1st quarter. Select Equity Group L.P. now owns 480,498 shares of the transportation company's stock valued at $167,900,000 after purchasing an additional 179,444 shares in the last quarter.  Finally, Voya Investment Management LLC grew its position in shares of  Saia by 12.5% during the 1st quarter. Voya Investment Management LLC now owns 421,172 shares of the transportation company's stock valued at $147,020,000 after purchasing an additional 46,770 shares in the last quarter. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research analysts have recently commented on the stock. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Saia in a research report on Wednesday, October 8th. JPMorgan Chase &amp; Co. dropped their price objective on shares of Saia from $374.00 to $360.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday, October 8th. Stifel Nicolaus  reaffirmed a &#34;hold&#34; rating and set a $306.00 price objective (up from $277.00) on shares of Saia in a report on Thursday, July 24th. Wells Fargo &amp; Company dropped their price objective on shares of Saia from $365.00 to $330.00 and set an &#34;equal weight&#34; rating for the company in a report on Monday, October 6th. Finally, UBS Group lifted their price objective on shares of Saia from $305.00 to $374.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, October 3rd. One analyst  has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have assigned  a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $340.28.</p><ul><li>3 Trucking Stocks Getting Big Analyst Upgrades Now</li></ul><p><b>Check Out Our Latest Analysis on Saia</b></p><h2>Saia Price Performance</h2><p>Shares of NASDAQ:SAIA opened at $304.31 on Friday. The stock has a market cap of $8.11 billion, a PE ratio of 28.10, a PEG ratio of 13.78 and a beta of 2.00. The company's fifty day moving average is $303.02 and its 200 day moving average is $294.82. Saia, Inc. has a 52 week low of $229.12 and a 52 week high of $624.55. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.13. </p><ul><li>Why Goldman Sachs Suddenly Boosted These 3 Trucking Stocks</li></ul><p>Saia (NASDAQ:SAIA - Get Free Report) last issued its earnings results on Friday, July 25th. The transportation company reported $2.67 EPS for the quarter, topping analysts' consensus estimates of $2.39 by $0.28. The company had revenue of $817.12 million for the quarter, compared to analysts' expectations of $826.59 million. Saia had a net margin of 8.96% and a return on equity of 12.42%. The firm's revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $3.83 EPS.  Research analysts anticipate that  Saia, Inc. will post 15.46 earnings per share for the current year. </p><h2>Saia Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Saia</li><li>The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0FJQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0FJQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Saia Right Now?</h2><p>Before you consider Saia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saia wasn't on the list.</p><p>While Saia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SAIA

<p>US Bancorp DE has reduced its stake in Saia, Inc. by 31.6%, selling 2,515 shares in Q2, leaving it with 5,454 shares valued at $1.49 million. Other hedge funds have also adjusted their positions, with Price T Rowe Associates increasing its stake by 11.4%. Analysts have mixed ratings on Saia, with an average price target of $340.28. Saia's stock opened at $304.31, with a market cap of $8.11 billion and a recent EPS of $2.67, exceeding estimates.</p>

US Bancorp DE Sells 2,515 Shares of Saia, Inc. $SAIA