Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) Short Interest Down 49.5% in April

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

Wall Street Analyst Weigh In

A number of research firms recently commented on TKOMY. Zacks Research raised shares of Tokio Marine from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Berenberg Bank raised shares of Tokio Marine to a “strong-buy” rating in a research report 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’s stock. According to MarketBeat.com, Tokio Marine currently has a consensus rating of “Moderate Buy”.

Tokio Marine Stock Performance

OTCMKTS TKOMY opened at $48.11 on Monday. The company has a fifty day simple moving average of $43.73 and a two-hundred day simple moving average of $39.95. The stock has a market cap of $93.04 billion, a P/E ratio of 17.43 and a beta of 0.06. Tokio Marine has a 12-month low of $32.13 and a 12-month high of $50.82.

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

About Tokio Marine

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.