Royce & Associates LP Maintains Holdings in OHA Investment Corporation (OHAI)
Royce & Associates LP maintained its position in OHA Investment Corporation (NASDAQ:OHAI) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,620 shares of the financial services provider’s stock at the end of the second quarter. Royce & Associates LP’s holdings in OHA Investment Corporation were worth $196,000 at the end of the most recent reporting period.
Separately, Deltec Asset Management LLC lifted its stake in shares of OHA Investment Corporation by 38.2% in the second quarter. Deltec Asset Management LLC now owns 193,592 shares of the financial services provider’s stock worth $246,000 after acquiring an additional 53,540 shares during the period. Institutional investors and hedge funds own 35.18% of the company’s stock.
OHA Investment Corporation (NASDAQ:OHAI) opened at 1.12 on Tuesday. The company has a 50 day moving average price of $1.08 and a 200-day moving average price of $1.35. OHA Investment Corporation has a 1-year low of $0.85 and a 1-year high of $3.33.
OHA Investment Corporation (NASDAQ:OHAI) last posted its quarterly earnings results on Thursday, August 10th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter. OHA Investment Corporation had a positive return on equity of 5.03% and a negative net margin of 285.10%. The business had revenue of $2.48 million for the quarter. Equities research analysts predict that OHA Investment Corporation will post $0.37 EPS for the current fiscal year.
OHA Investment Corporation Company Profile
OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company’s investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas.
Receive News & Stock Ratings for OHA Investment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OHA Investment Corporation and related stocks with our FREE daily email newsletter.