Allianz (OTCMKTS:ALIZY) Sees Unusually-High Trading Volume - What's Next?

Allianz SE (OTCMKTS:ALIZY - Get Free Report) shares saw strong trading volume on Friday . 955,020 shares were traded during trading, an increase of 353% from the previous session's volume of 210,811 shares.The stock last traded at $40.46 and had previously closed at $40.72.

Wall Street Analysts Forecast Growth

ALIZY has been the topic of a number of recent analyst reports. Citigroup reiterated a "neutral" rating on shares of Allianz in a report on Friday, May 16th. Barclays downgraded Allianz from a "hold" rating to a "strong sell" rating in a report on Thursday, June 12th. Dbs Bank upgraded Allianz from a "strong sell" rating to a "moderate sell" rating in a report on Wednesday, May 28th. Keefe, Bruyette & Woods cut Allianz from a "moderate buy" rating to a "hold" rating in a research note on Monday, June 9th. Finally, The Goldman Sachs Group lowered shares of Allianz from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 20th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Allianz has an average rating of "Hold".

Allianz Trading Down 0.5%

The company has a market cap of $156.49 billion, a P/E ratio of 15.07, a P/E/G ratio of 1.25 and a beta of 0.91. The business has a fifty day simple moving average of $40.06 and a 200 day simple moving average of $36.83. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.36 and a current ratio of 1.36.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.69 EPS 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 business had revenue of $60.55 billion during the quarter, compared to analyst estimates of $21.13 billion. Analysts anticipate that Allianz SE will post 2.63 earnings per share for the current fiscal year.

Allianz Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were given a dividend of $1.1993 per share. The ex-dividend date was Monday, May 12th. This represents a yield of 2.83%. This is a positive change from Allianz's previous dividend of $1.03. Allianz's payout ratio is currently 43.87%.

Allianz Company Profile

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.

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