Allianz (OTCMKTS:ALIZY) Raised to "Moderate Sell" at Dbs Bank

Dbs Bank upgraded shares of Allianz (OTCMKTS:ALIZY - Free Report) from a strong sell rating to a moderate sell rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other equities research analysts have also commented on the stock. Citigroup reiterated a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. The Goldman Sachs Group downgraded shares of Allianz from a "buy" rating to a "neutral" rating in a report on Tuesday, May 20th. Finally, HSBC lowered shares of Allianz to a "hold" rating in a research report on Friday, May 16th.

Allianz Trading Up 1.7%

ALIZY stock traded up $0.69 during mid-day trading on Wednesday, reaching $40.28. The company's stock had a trading volume of 123,826 shares, compared to its average volume of 204,855. The stock has a market cap of $155.55 billion, a PE ratio of 15.37, a P/E/G ratio of 1.26 and a beta of 0.94. Allianz has a fifty-two week low of $26.50 and a fifty-two week high of $42.99. The company's 50 day moving average is $39.32 and its two-hundred day moving average is $35.15.

Allianz (OTCMKTS:ALIZY - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.77 by ($0.08). The firm had revenue of $60.55 billion for the quarter, compared to analyst estimates of $21.13 billion. Allianz had a return on equity of 16.34% and a net margin of 5.54%. On average, analysts forecast that Allianz will post 2.63 earnings per share for the current fiscal year.

Allianz Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were given a $1.1993 dividend. This is an increase from Allianz's previous dividend of $1.03. This represents a dividend yield of 2.83%. The ex-dividend date was Monday, May 12th. Allianz's dividend payout ratio (DPR) is presently 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.