Royce & Associates LP lowered its holdings in OHA Investment Corp (NASDAQ:OHAI) by 42.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,620 shares of the financial services provider’s stock after selling 66,000 shares during the period. Royce & Associates LP’s holdings in OHA Investment were worth $102,000 at the end of the most recent reporting period.
Separately, TCW Group Inc. boosted its holdings in OHA Investment by 4.5% in the third quarter. TCW Group Inc. now owns 1,307,730 shares of the financial services provider’s stock valued at $1,622,000 after purchasing an additional 56,184 shares during the last quarter. 28.84% of the stock is currently owned by hedge funds and other institutional investors.
OHA Investment Corp (NASDAQ OHAI) opened at $1.26 on Friday. The company has a market capitalization of $25.82, a PE ratio of 10.67 and a beta of 0.94. OHA Investment Corp has a 1-year low of $0.85 and a 1-year high of $1.84.
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OHA Investment 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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