American Century Companies Inc. Acquires 114,270 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

American Century Companies Inc. lifted its stake in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 9.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,271,972 shares of the company's stock after purchasing an additional 114,270 shares during the quarter. American Century Companies Inc. owned 1.78% of SIGA Technologies worth $7,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Teacher Retirement System of Texas lifted its position in SIGA Technologies by 19.9% in the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after buying an additional 2,126 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of SIGA Technologies during the third quarter worth $82,000. XTX Topco Ltd purchased a new stake in shares of SIGA Technologies during the third quarter worth $85,000. Bailard Inc. boosted its position in SIGA Technologies by 31.5% during the fourth quarter. Bailard Inc. now owns 18,800 shares of the company's stock valued at $113,000 after purchasing an additional 4,500 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new position in SIGA Technologies in the third quarter valued at about $120,000. 55.40% of the stock is currently owned by institutional investors and hedge funds.

SIGA Technologies Stock Up 11.1 %

Shares of SIGA traded up $0.59 during midday trading on Tuesday, reaching $5.92. 1,149,405 shares of the stock were exchanged, compared to its average volume of 776,939. The company has a market cap of $422.91 million, a price-to-earnings ratio of 4.93 and a beta of 1.03. SIGA Technologies, Inc. has a 12-month low of $4.95 and a 12-month high of $12.83. The firm has a 50 day simple moving average of $5.74 and a 200-day simple moving average of $6.32.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 earnings per share for the quarter. The firm had revenue of $81.40 million for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. Research analysts expect that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

SIGA Technologies Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 29th will be issued a $0.60 dividend.

SIGA Technologies 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.