Zuora, Inc. (NYSE:ZUO) Shares Purchased by Barclays PLC

Barclays PLC raised its position in Zuora, Inc. (NYSE:ZUO) by 39.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 392,092 shares of the company’s stock after purchasing an additional 111,129 shares during the quarter. Barclays PLC’s holdings in Zuora were worth $3,890,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ZUO. Vestcor Inc purchased a new position in Zuora in the fourth quarter valued at approximately $40,000. SBI Securities Co. Ltd. acquired a new stake in shares of Zuora in the fourth quarter worth $41,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Zuora in the 4th quarter valued at $102,000. American Century Companies Inc. acquired a new position in shares of Zuora during the 4th quarter valued at $120,000. Finally, Cibc World Markets Corp purchased a new stake in Zuora during the 4th quarter worth $130,000. 83.02% of the stock is owned by institutional investors and hedge funds.

Zuora Stock Performance

NYSE:ZUO opened at $10.02 on Monday. The business’s 50-day moving average is $10.02 and its two-hundred day moving average is $9.95. The firm has a market capitalization of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67. Zuora, Inc. has a 12 month low of $8.20 and a 12 month high of $10.85. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.62 and a quick ratio of 2.62.

Zuora Company Profile

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.