Dimensional Fund Advisors LP Boosts Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Dimensional Fund Advisors LP lifted its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 11.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,126,065 shares of the company's stock after purchasing an additional 217,926 shares during the quarter. Dimensional Fund Advisors LP owned about 2.98% of SIGA Technologies worth $12,777,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. AltraVue Capital LLC lifted its holdings in SIGA Technologies by 14.1% during the 4th quarter. AltraVue Capital LLC now owns 2,639,524 shares of the company's stock worth $15,864,000 after buying an additional 326,630 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of SIGA Technologies by 237.7% during the fourth quarter. Renaissance Technologies LLC now owns 417,436 shares of the company's stock worth $2,509,000 after acquiring an additional 293,836 shares during the period. Denali Advisors LLC raised its stake in shares of SIGA Technologies by 58.3% in the fourth quarter. Denali Advisors LLC now owns 378,544 shares of the company's stock valued at $2,275,000 after acquiring an additional 139,354 shares in the last quarter. American Century Companies Inc. boosted its holdings in SIGA Technologies by 9.9% in the fourth quarter. American Century Companies Inc. now owns 1,271,972 shares of the company's stock valued at $7,645,000 after purchasing an additional 114,270 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in SIGA Technologies by 52.4% during the 4th quarter. Bank of New York Mellon Corp now owns 289,712 shares of the company's stock worth $1,741,000 after purchasing an additional 99,670 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company's stock.

SIGA Technologies Stock Performance

SIGA stock traded up $0.05 during mid-day trading on Thursday, reaching $5.98. The company had a trading volume of 91,557 shares, compared to its average volume of 737,891. The firm has a fifty day simple moving average of $5.77 and a 200 day simple moving average of $6.14. The company has a market capitalization of $426.86 million, a price-to-earnings ratio of 4.98 and a beta of 0.92. SIGA Technologies, Inc. has a fifty-two week low of $4.95 and a fifty-two week high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. The firm had revenue of $7.04 million during the quarter. As a group, analysts predict that SIGA Technologies, Inc. will post 1.04 earnings per share for the current year.

SIGA Technologies Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 29th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, April 29th.

About SIGA Technologies

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.