18,900 Shares in Siga Technologies Inc. $SIGA Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in Siga Technologies Inc. (NASDAQ:SIGA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,900 shares of the company’s stock, valued at approximately $123,000.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its holdings in shares of Siga Technologies by 31.8% in the first quarter. Harbor Capital Advisors Inc. now owns 222,012 shares of the company’s stock worth $1,217,000 after acquiring an additional 53,534 shares during the period. Wellington Management Group LLP lifted its position in Siga Technologies by 51.7% during the first quarter. Wellington Management Group LLP now owns 182,328 shares of the company’s stock valued at $999,000 after purchasing an additional 62,103 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Siga Technologies by 52.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,158,320 shares of the company’s stock valued at $17,308,000 after purchasing an additional 1,093,080 shares in the last quarter. Nuveen LLC purchased a new position in Siga Technologies during the first quarter valued at $815,000. Finally, American Century Companies Inc. lifted its position in Siga Technologies by 7.8% during the first quarter. American Century Companies Inc. now owns 1,370,660 shares of the company’s stock valued at $7,511,000 after purchasing an additional 98,688 shares in the last quarter. Institutional investors own 55.40% of the company’s stock.

Wall Street Analyst Weigh In

SIGA has been the topic of several analyst reports. Wall Street Zen upgraded Siga Technologies from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Siga Technologies in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Siga Technologies Stock Up 2.6%

NASDAQ SIGA opened at $8.44 on Wednesday. The firm has a market cap of $604.39 million, a price-to-earnings ratio of 7.47 and a beta of 0.96. The business has a 50-day moving average price of $8.54 and a 200-day moving average price of $6.99. Siga Technologies Inc. has a twelve month low of $4.95 and a twelve month high of $9.62.

Siga Technologies (NASDAQ:SIGA) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.49 earnings per share for the quarter. The firm had revenue of $81.12 million during the quarter. Siga Technologies had a return on equity of 40.52% and a net margin of 45.73%. Research analysts expect that Siga Technologies Inc. will post 1.04 EPS for the current fiscal year.

Siga Technologies Company Profile

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.