OHA Investment (OHAI) Upgraded at ValuEngine

OHA Investment (NASDAQ:OHAI) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday.

Shares of OHA Investment (OHAI) remained flat at $$1.12 during trading hours on Friday. The company had a trading volume of 51,851 shares, compared to its average volume of 43,157. The firm has a market cap of $22.59, a PE ratio of 9.33 and a beta of 1.12. OHA Investment has a 52 week low of $0.85 and a 52 week high of $2.84.

Large investors have recently modified their holdings of the company. Deltec Asset Management LLC lifted its position in shares of OHA Investment by 50.0% during the 3rd quarter. Deltec Asset Management LLC now owns 290,388 shares of the financial services provider’s stock worth $363,000 after buying an additional 96,796 shares during the last quarter. Uniplan Investment Counsel Inc. lifted its position in shares of OHA Investment by 1.5% during the 2nd quarter. Uniplan Investment Counsel Inc. now owns 745,674 shares of the financial services provider’s stock worth $947,000 after buying an additional 10,713 shares during the last quarter. Finally, TCW Group Inc. lifted its position in shares of OHA Investment by 4.5% during the 3rd quarter. TCW Group Inc. now owns 1,307,730 shares of the financial services provider’s stock worth $1,622,000 after buying an additional 56,184 shares during the last quarter. Institutional investors and hedge funds own 26.78% of the company’s stock.

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About OHA Investment

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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