Allianz (OTCMKTS:ALIZY) Shares Up 1.3% - What's Next?

Key Points

• Allianz SE's shares increased by 1.3% during recent trading, with the stock closing at $39.81, down from a previous session volume of 263,124 shares to just 125,132 shares.
• Several analysts have downgraded Allianz's stock ratings recently, with Barclays moving to a "strong sell" rating, while consensus remains a "hold" according to MarketBeat.
• The company declared an increased dividend of $1.1993, reflecting a yield of 2.83%, which is an increase from its previous dividend of $1.03.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) shares traded up 1.3% during trading on Tuesday . The company traded as high as $39.88 and last traded at $39.81. 125,132 shares changed hands during trading, a decline of 52% from the average session volume of 263,124 shares. The stock had previously closed at $39.31.

Analysts Set New Price Targets

Several brokerages have recently commented on ALIZY. Barclays lowered Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. The Goldman Sachs Group downgraded shares of Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. Keefe, Bruyette & Woods downgraded Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. HSBC downgraded shares of Allianz to a "hold" rating in a research note on Friday, May 16th. Finally, Dbs Bank raised Allianz from a "strong sell" rating to a "moderate sell" rating in a report on Wednesday, May 28th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold".

Allianz Stock Down 1.0%

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 has a market capitalization of $152.15 billion, a PE ratio of 14.65, a P/E/G ratio of 1.22 and a beta of 0.91. The business has a 50-day moving average of $39.92 and a 200 day moving average of $37.72.

Allianz (OTCMKTS:ALIZY - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.69 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 analysts' expectations of $21.13 billion. Allianz had a return on equity of 16.27% and a net margin of 5.34%. Equities research analysts predict that Allianz SE will post 2.63 earnings per share for the current year.

Allianz Increases Dividend

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

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.