SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 280.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 95,000 shares of the company’s stock after purchasing an additional 70,000 shares during the quarter. DAVENPORT & Co LLC’s holdings in SIGA Technologies were worth $532,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its holdings in SIGA Technologies by 1.4% in the 2nd quarter. BlackRock Inc. now owns 3,237,869 shares of the company’s stock worth $16,351,000 after acquiring an additional 43,873 shares during the period. Goldman Sachs Group Inc. boosted its holdings in SIGA Technologies by 1,054.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,521,251 shares of the company’s stock worth $12,732,000 after acquiring an additional 2,302,835 shares during the period. Vanguard Group Inc. boosted its holdings in SIGA Technologies by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,228,809 shares of the company’s stock worth $22,956,000 after acquiring an additional 69,423 shares during the period. First Wilshire Securities Management Inc. boosted its holdings in SIGA Technologies by 43.9% in the 3rd quarter. First Wilshire Securities Management Inc. now owns 2,065,012 shares of the company’s stock worth $10,841,000 after acquiring an additional 630,125 shares during the period. Finally, State Street Corp boosted its holdings in SIGA Technologies by 52.5% in the 3rd quarter. State Street Corp now owns 1,514,105 shares of the company’s stock worth $15,595,000 after acquiring an additional 521,261 shares during the period. Hedge funds and other institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Up 3.0 %

NASDAQ SIGA opened at $9.27 on Wednesday. The stock has a market cap of $659.00 million, a PE ratio of 9.76 and a beta of 0.94. SIGA Technologies, Inc. has a fifty-two week low of $4.22 and a fifty-two week high of $10.00. The business has a 50 day moving average price of $6.41 and a two-hundred day moving average price of $5.72.

SIGA Technologies (NASDAQ:SIGA) last released its quarterly earnings results on Tuesday, March 12th. The company reported $1.01 earnings per share for the quarter. SIGA Technologies had a return on equity of 44.84% and a net margin of 48.65%. The firm had revenue of $116.48 million during the quarter. Sell-side analysts anticipate that SIGA Technologies, Inc. will post 1.22 EPS for the current fiscal year.

SIGA Technologies Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 11th. Shareholders of record on Tuesday, March 26th will be given a $0.60 dividend. This is a positive change from SIGA Technologies’s previous dividend of $0.45. The ex-dividend date of this dividend is Monday, March 25th.

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.