Allianz SE (OTCMKTS:ALIZY) Sees Large Increase in Short Interest

Allianz SE (OTCMKTS:ALIZY - Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 94,400 shares, a growth of 93.0% from the May 15th total of 48,900 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 257,000 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

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

Allianz Stock Performance

Shares of OTCMKTS ALIZY traded down $0.47 during trading hours on Friday, reaching $39.24. 179,979 shares of the stock were exchanged, compared to its average volume of 200,371. The firm has a market capitalization 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 has a 52 week low of $26.50 and a 52 week high of $42.99. The stock's fifty day simple moving average is $39.79 and its 200 day simple moving average is $35.68.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $0.77 by ($0.08). Allianz had a return on equity of 16.34% and a net margin of 5.54%. The company had revenue of $60.55 billion for the quarter, compared to the consensus estimate of $21.13 billion. Research analysts predict that Allianz will post 2.63 EPS 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 paid a $1.1993 dividend. This is a positive change from Allianz's previous dividend of $1.03. The ex-dividend date of this dividend was Monday, May 12th. This represents a dividend yield of 2.83%. Allianz's dividend payout ratio (DPR) is presently 43.49%.

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.