JPMorgan Chase & Co. Has $164,000 Stock Holdings in SIGA Technologies, Inc. (NASDAQ:SIGA)

JPMorgan Chase & Co. lessened its stake in SIGA Technologies, Inc. (NASDAQ:SIGA) by 61.2% in the fourth quarter, HoldingsChannel reports. The firm owned 27,298 shares of the company’s stock after selling 43,001 shares during the period. JPMorgan Chase & Co.’s holdings in SIGA Technologies were worth $164,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Teacher Retirement System of Texas grew its holdings 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 valued at $77,000 after buying an additional 2,126 shares in the last quarter. Bailard Inc. increased its stake in SIGA Technologies by 31.5% during the 4th quarter. Bailard Inc. now owns 18,800 shares of the company’s stock valued at $113,000 after purchasing an additional 4,500 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of SIGA Technologies by 30.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,902 shares of the company’s stock valued at $120,000 after buying an additional 4,597 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of SIGA Technologies by 7.8% in the 4th quarter. SG Americas Securities LLC now owns 22,819 shares of the company’s stock worth $137,000 after buying an additional 1,652 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in SIGA Technologies by 8.1% in the fourth quarter. Principal Financial Group Inc. now owns 23,927 shares of the company’s stock worth $144,000 after acquiring an additional 1,784 shares during the period. 55.40% of the stock is currently owned by institutional investors.

SIGA Technologies Price Performance

NASDAQ:SIGA opened at $5.63 on Monday. SIGA Technologies, Inc. has a 1 year low of $4.95 and a 1 year high of $12.83. The stock’s fifty day moving average price is $5.76 and its two-hundred day moving average price is $6.19. The company has a market cap of $402.21 million, a P/E ratio of 4.69 and a beta of 1.03.

SIGA Technologies (NASDAQ:SIGA) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 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 $81.40 million during the quarter. On average, analysts expect that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

SIGA Technologies Announces Dividend

The business also recently announced a special dividend, which will be paid on Thursday, May 15th. Shareholders of record on Tuesday, April 29th will be issued a $0.60 dividend. The ex-dividend date of this dividend is 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.