OHA Investment Corporation (NASDAQ:OHAI) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

Shares of OHA Investment Corporation (OHAI) opened at 1.25 on Monday. OHA Investment Corporation has a one year low of $0.85 and a one year high of $3.33. The company has a 50 day moving average price of $1.08 and a 200 day moving average price of $1.31.

OHA Investment Corporation (NASDAQ:OHAI) last released its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.01 earnings per share for the quarter. OHA Investment Corporation had a positive return on equity of 5.03% and a negative net margin of 285.10%. The company had revenue of $2.48 million for the quarter. Analysts anticipate that OHA Investment Corporation will post $0.37 earnings per share for the current year.

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A hedge fund recently raised its stake in OHA Investment Corporation stock. Deltec Asset Management LLC raised its stake in OHA Investment Corporation (NASDAQ:OHAI) by 38.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 193,592 shares of the financial services provider’s stock after acquiring an additional 53,540 shares during the period. Deltec Asset Management LLC’s holdings in OHA Investment Corporation were worth $246,000 as of its most recent SEC filing. 35.18% of the stock is currently owned by hedge funds and other institutional investors.

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.

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