Allianz SE (OTCMKTS:ALIZY) Receives Consensus Recommendation of "Reduce" from Analysts

Shares of Allianz SE (OTCMKTS:ALIZY - Get Free Report) have earned a consensus recommendation of "Reduce" from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

A number of brokerages have recently issued reports on ALIZY. Barclays downgraded shares of Allianz from a "hold" rating to a "strong sell" rating in a research report on Thursday. Keefe, Bruyette & Woods cut shares of Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday. Citigroup reissued a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. HSBC cut 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 research note on Wednesday, May 28th.

Allianz Stock Down 1.2%

Allianz stock traded down $0.47 during trading hours on Friday, hitting $39.24. The stock had a trading volume of 179,979 shares, compared to its average volume of 200,371. The business's 50 day simple moving average is $39.69 and its 200-day simple moving average is $35.61. Allianz has a one year low of $26.50 and a one year high of $42.99. The stock has a market cap of $151.53 billion, a price-to-earnings ratio of 14.98, a P/E/G ratio of 1.26 and a beta of 0.92.

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

Allianz Increases Dividend

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