Allianz SE (OTCMKTS:ALIZY) Short Interest Update

Key Points

• Short interest in Allianz SE rose by 136.1% in August, increasing from 37,400 shares to 88,300 shares.
• Major analysts have downgraded Allianz's stock rating, with Citigroup and Goldman Sachs moving to a "neutral" rating, while Barclays assigned a "strong sell" rating.
• Allianz's recent quarterly earnings exceeded expectations with an EPS of $0.84, compared to the consensus estimate of $0.80, and generated a revenue of $30.17 billion.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) saw a significant increase in short interest in August. As of August 15th, there was short interest totaling 88,300 shares, anincreaseof136.1% from the July 31st total of 37,400 shares. Based on an average daily trading volume, of 269,400 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 269,400 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods downgraded shares of Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. Citigroup reiterated a "neutral" rating on shares of Allianz in a research report on Friday, May 16th. Barclays downgraded shares of Allianz from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th. Dbs Bank upgraded shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a research report on Wednesday, May 28th. Finally, The Goldman Sachs Group downgraded shares of Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Reduce".

Allianz Price Performance

Shares of OTCMKTS ALIZY traded up $0.05 during midday trading on Friday, reaching $41.25. 114,777 shares of the company were exchanged, compared to its average volume of 233,451. The stock's 50-day moving average price is $41.28 and its 200-day moving average price is $39.54. The stock has a market cap of $159.29 billion, a P/E ratio of 14.52, a PEG ratio of 1.22 and a beta of 0.93. Allianz has a one year low of $29.74 and a one year high of $44.25. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.07.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.04. The firm had revenue of $30.17 billion for the quarter, compared to analysts' expectations of $22.53 billion. Allianz had a net margin of 5.47% and a return on equity of 16.58%. On average, sell-side analysts anticipate that Allianz will post 2.63 earnings per share for the current fiscal year.

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.