Short Interest in Allianz SE (OTCMKTS:ALIZY) Expands By 93.0%

Allianz SE (OTCMKTS:ALIZY) was the target of a significant growth in short interest during 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. Based on an average daily volume of 257,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Barclays lowered shares of Allianz from a “hold” rating to a “strong sell” rating in a research report on Thursday. HSBC lowered Allianz to a “hold” rating in a research report on Friday, May 16th. Keefe, Bruyette & Woods downgraded 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 note on Friday, May 16th. Finally, Dbs Bank raised shares of Allianz from a “strong sell” rating to a “moderate sell” rating in a research note on Wednesday, May 28th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Allianz Trading Down 1.2%

Shares of OTCMKTS:ALIZY opened at $39.24 on Friday. The company has a 50-day moving average price of $39.79 and a 200-day moving average price of $35.71. The company has a market cap of $151.53 billion, a price-to-earnings ratio of 14.98, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92. Allianz has a 12 month low of $26.50 and a 12 month high of $42.99.

Allianz (OTCMKTS:ALIZY) last released its quarterly 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 business had revenue of $60.55 billion for the quarter, compared to the consensus estimate of $21.13 billion. Allianz had a net margin of 5.54% and a return on equity of 16.34%. As a group, research analysts forecast that Allianz will post 2.63 EPS for the current fiscal year.

Allianz Increases Dividend

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