Tokio Marine Holdings Inc. (OTCMKTS:TKOMY) Sees Large Drop in Short Interest

Key Points

• Tokio Marine Holdings Inc. experienced a dramatic 93.3% decline in short interest, dropping from 691,500 shares to 46,100 shares as of August 15th.
• The company's most recent earnings report revealed an EPS of $0.71 for the quarter, with a net margin of 13.45% and a return on equity of 22.49%.
• Analyst ratings for Tokio Marine are mixed, with recent changes including a downgrade to a "strong sell" and an upgrade to a "strong-buy" from different research firms.

Tokio Marine Holdings Inc. (OTCMKTS:TKOMY - Get Free Report) saw a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 46,100 shares, adeclineof93.3% from the July 31st total of 691,500 shares. Based on an average daily trading volume, of 106,000 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 106,000 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Zacks Research lowered Tokio Marine from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 26th. Wall Street Zen cut shares of Tokio Marine from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Nomura Securities raised shares of Tokio Marine to a "hold" rating in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Reduce".

Tokio Marine Trading Down 0.1%

Shares of OTCMKTS:TKOMY traded down $0.04 during midday trading on Friday, reaching $43.60. 59,635 shares of the company's stock were exchanged, compared to its average volume of 77,075. The stock has a market cap of $84.32 billion, a price-to-earnings ratio of 11.98, a P/E/G ratio of 0.77 and a beta of 0.27. Tokio Marine has a fifty-two week low of $30.14 and a fifty-two week high of $46.23. The firm's 50 day simple moving average is $41.96 and its two-hundred day simple moving average is $39.91. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.05 and a quick ratio of 0.05.

Tokio Marine (OTCMKTS:TKOMY - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.71 earnings per share for the quarter. Tokio Marine had a net margin of 13.45% and a return on equity of 22.49%. The company had revenue of $13.32 billion during the quarter. As a group, sell-side analysts forecast that Tokio Marine will post 3.51 EPS for the current fiscal year.

Tokio Marine Company Profile

Tokio Marine Holdings, Inc, together with its subsidiaries, engages in non-life and life insurance, international insurance, and financial and general businesses worldwide. The company provides business, fire, Internet and mobile, rental housing, and natural catastrophe risk insurance services, as well as insurance for retail and corporate fields.