Allianz SE (OTCMKTS:ALIZY) Short Interest Update

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 51,573 shares, a drop of 36.7% from the June 30th total of 81,430 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 454,555 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ALIZY. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research note on Tuesday, April 21st. Citigroup reiterated a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Allianz Price Performance

Shares of ALIZY stock opened at $49.85 on Friday. The stock has a market capitalization of $189.64 billion, a PE ratio of 13.85, a P/E/G ratio of 1.58 and a beta of 0.63. Allianz has a 1-year low of $38.44 and a 1-year high of $49.95. The business has a 50-day moving average of $46.40 and a 200 day moving average of $44.60.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Allianz had a return on equity of 19.92% and a net margin of 6.48%. Analysts anticipate that Allianz will post 3.55 EPS for the current year.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.