Price T Rowe Associates Inc. MD Has $850,000 Stake in Zuora, Inc. (NYSE:ZUO)

Price T Rowe Associates Inc. MD grew its holdings in Zuora, Inc. (NYSE:ZUO) by 13.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,605 shares of the company’s stock after purchasing an additional 10,042 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Zuora were worth $850,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in Zuora by 1.1% during the fourth quarter. Invesco Ltd. now owns 101,720 shares of the company’s stock worth $1,009,000 after acquiring an additional 1,066 shares during the period. Arizona State Retirement System raised its stake in shares of Zuora by 3.1% in the fourth quarter. Arizona State Retirement System now owns 39,425 shares of the company’s stock valued at $391,000 after acquiring an additional 1,197 shares during the last quarter. Legal & General Group Plc grew its position in Zuora by 1.1% during the 4th quarter. Legal & General Group Plc now owns 175,970 shares of the company’s stock worth $1,746,000 after acquiring an additional 1,903 shares during the last quarter. Vestcor Inc bought a new stake in shares of Zuora during the fourth quarter worth $40,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Zuora in the fourth quarter valued at $41,000. Institutional investors and hedge funds own 83.02% of the company’s stock.

Zuora Stock Performance

Shares of NYSE ZUO opened at $10.02 on Monday. Zuora, Inc. has a 1-year low of $8.20 and a 1-year high of $10.85. The company has a 50-day moving average of $10.02 and a two-hundred day moving average of $9.98. The company has a market cap of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 2.00.

About Zuora

Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.