Allianz (OTCMKTS:ALIZY) Sees Unusually-High Trading Volume - Still a Buy?

Shares of Allianz SE (OTCMKTS:ALIZY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 782,604 shares changed hands during trading, an increase of 294% from the previous session's volume of 198,406 shares.The stock last traded at $40.50 and had previously closed at $40.20.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ALIZY shares. Keefe, Bruyette & Woods lowered Allianz from a "moderate buy" rating to a "hold" rating in a research note on Monday, June 9th. HSBC lowered Allianz to a "hold" rating in a research note on Friday, May 16th. The Goldman Sachs Group lowered Allianz from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 20th. Dbs Bank upgraded Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. Finally, Citigroup reiterated a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

Allianz Stock Performance

The company has a 50 day moving average price of $40.11 and a 200-day moving average price of $36.36. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.03. The company has a market cap of $156.50 billion, a P/E ratio of 15.07, a price-to-earnings-growth ratio of 1.21 and a beta of 0.92.

Allianz (OTCMKTS:ALIZY - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.08). Allianz had a net margin of 5.34% and a return on equity of 16.27%. The firm had revenue of $60.55 billion for the quarter, compared to analyst estimates of $21.13 billion. On average, equities analysts expect that Allianz SE will post 2.63 earnings per share for the current fiscal year.

Allianz Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were issued a dividend of $1.1993 per share. This is an increase from Allianz's previous dividend of $1.03. The ex-dividend date was Monday, May 12th. This represents a dividend yield of 2.83%. Allianz's dividend payout ratio (DPR) is 43.49%.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.