Allianz (OTCMKTS:ALIZY) Shares Up 1.2% - What's Next?

Allianz SE (OTCMKTS:ALIZY - Get Free Report) shares were up 1.2% during trading on Monday . The company traded as high as $40.95 and last traded at $40.80. Approximately 235,918 shares were traded during trading, an increase of 22% from the average daily volume of 193,734 shares. The stock had previously closed at $40.30.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Keefe, Bruyette & Woods cut Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. HSBC cut Allianz to a "hold" rating in a research report on Friday, May 16th. Barclays cut Allianz from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th. The Goldman Sachs Group cut Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. Finally, Citigroup restated a "neutral" rating on shares of Allianz in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, Allianz currently has a consensus rating of "Hold".

Allianz Trading Up 1.7%

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 business has a 50 day moving average of $40.06 and a 200-day moving average of $36.73. The stock has a market cap of $161.32 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.22 and a beta of 0.91.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.69 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $21.13 billion. On average, analysts anticipate that Allianz SE will post 2.63 EPS for the current 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 paid a dividend of $1.1993 per share. This is an increase from Allianz's previous dividend of $1.03. This represents a yield of 2.83%. The ex-dividend date was Monday, May 12th. 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.