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

Shares of Allianz SE (OTCMKTS:ALIZY - Get Free Report) have earned a consensus recommendation of "Reduce" from the five analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company.

Several research firms have weighed in on ALIZY. Keefe, Bruyette & Woods downgraded Allianz from a "moderate buy" rating to a "hold" rating in a research note on Monday, June 9th. Dbs Bank upgraded Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. Citigroup reiterated a "neutral" rating on shares of Allianz in a research note on Friday, May 16th. HSBC downgraded Allianz to a "hold" rating in a research note on Friday, May 16th. Finally, Barclays downgraded Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th.

Allianz Trading Up 1.2%

ALIZY opened at $40.80 on Tuesday. Allianz has a 52 week low of $26.50 and a 52 week high of $42.99. The stock's fifty day moving average is $40.06 and its two-hundred day moving average is $36.70. The company has a market capitalization of $157.56 billion, a P/E ratio of 15.17, a PEG ratio of 1.21 and a beta of 0.91. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.03.

Allianz (OTCMKTS:ALIZY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.08). The company had revenue of $60.55 billion during the quarter, compared to the consensus estimate of $21.13 billion. Allianz had a return on equity of 16.27% and a net margin of 5.34%. Analysts forecast that Allianz will post 2.63 earnings per share for the current year.

Allianz Increases Dividend

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

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