Harbor Capital Advisors Inc. Has $1.22 Million Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Harbor Capital Advisors Inc. raised its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 31.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,012 shares of the company's stock after purchasing an additional 53,534 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.31% of SIGA Technologies worth $1,217,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Teacher Retirement System of Texas boosted its position in shares of SIGA Technologies by 19.9% in the fourth quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock valued at $77,000 after acquiring an additional 2,126 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of SIGA Technologies during the 4th quarter valued at approximately $78,000. EP Wealth Advisors LLC increased its holdings in shares of SIGA Technologies by 14.5% during the fourth quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company's stock worth $83,000 after buying an additional 1,755 shares in the last quarter. Sherbrooke Park Advisers LLC bought a new position in SIGA Technologies in the fourth quarter valued at about $83,000. Finally, ProShare Advisors LLC raised its holdings in SIGA Technologies by 26.6% in the 4th quarter. ProShare Advisors LLC now owns 16,424 shares of the company's stock valued at $99,000 after buying an additional 3,455 shares during the last quarter. Institutional investors and hedge funds own 55.40% of the company's stock.

SIGA Technologies Stock Performance

Shares of NASDAQ:SIGA traded down $0.08 during mid-day trading on Friday, reaching $6.36. 502,961 shares of the company's stock were exchanged, compared to its average volume of 732,852. The firm has a market capitalization of $454.36 million, a price-to-earnings ratio of 5.30 and a beta of 0.93. SIGA Technologies, Inc. has a twelve month low of $4.95 and a twelve month high of $12.83. The business's fifty day moving average price is $5.97 and its 200-day moving average price is $6.02.

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

SIGA Technologies Dividend Announcement

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

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.