Allianz (OTCMKTS:ALIZY) Sees Large Volume Increase - Should You Buy?

Allianz SE (OTCMKTS:ALIZY - Get Free Report) saw an uptick in trading volume on Friday . 955,020 shares were traded during mid-day 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.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ALIZY. The Goldman Sachs Group cut shares of Allianz from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 20th. Barclays cut shares of Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Keefe, Bruyette & Woods cut shares of Allianz from a "moderate buy" rating to a "hold" rating in a research note on Monday, June 9th. Citigroup reaffirmed a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. Finally, HSBC cut shares of Allianz to a "hold" rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, Allianz currently has a consensus rating of "Hold".

Allianz Stock Down 0.1%

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.36 and a quick ratio of 1.36. The company's 50-day simple moving average is $39.99 and its 200 day simple moving average is $37.05. The firm has a market cap of $155.86 billion, a P/E ratio of 15.00, a price-to-earnings-growth ratio of 1.21 and a beta of 0.91.

Allianz (OTCMKTS:ALIZY - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $21.13 billion. Research analysts anticipate that Allianz SE will post 2.63 EPS for the current fiscal year.

Allianz Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 28th. Shareholders of record on Tuesday, May 13th were given a dividend of $1.1993 per share. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is 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.