Short Interest in Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) Decreases By 49.5%

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 92,388 shares, a drop of 49.5% from the April 15th total of 182,964 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 216,091 shares, the short-interest ratio is currently 0.4 days.

Tokio Marine Price Performance

Shares of TKOMY stock opened at $48.11 on Friday. The stock has a market cap of $93.04 billion, a PE ratio of 17.43 and a beta of 0.06. The stock has a 50-day moving average of $43.73 and a 200-day moving average of $39.94. Tokio Marine has a one year low of $32.13 and a one year high of $50.82.

Tokio Marine (OTCMKTS:TKOMY) last posted its earnings results on Friday, February 13th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.23. The company had revenue of $15.11 billion for the quarter, compared to analyst estimates of $12.87 billion. Tokio Marine had a net margin of 9.29% and a return on equity of 15.71%. As a group, research analysts anticipate that Tokio Marine will post 4.13 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently weighed in on TKOMY. Zacks Research raised Tokio Marine from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Berenberg Bank raised shares of Tokio Marine to a “strong-buy” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Tokio Marine Company Profile

Tokio Marine is a Tokyo?headquartered insurance group with roots in the late 19th century and is one of Japan’s largest insurers. The company operates through a network of subsidiaries and affiliates to provide a broad suite of insurance and risk?management services. Tokio Marine’s operations encompass both life and non?life insurance businesses and are organized to serve individual policyholders, commercial clients and institutional customers.

The group’s core products and services include property & casualty insurance—covering commercial and personal lines such as fire, automobile, marine and casualty—specialty insurance solutions, reinsurance and life and health insurance.