CANADA LIFE ASSURANCE Co lowered its position in Zuora, Inc. (NYSE:ZUO – Free Report) by 19.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 440,082 shares of the company’s stock after selling 104,613 shares during the quarter. CANADA LIFE ASSURANCE Co owned approximately 0.29% of Zuora worth $4,370,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of Zuora by 52.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,126,596 shares of the company’s stock worth $9,711,000 after buying an additional 387,876 shares in the last quarter. 272 Capital LP lifted its stake in Zuora by 28.1% in the third quarter. 272 Capital LP now owns 493,527 shares of the company’s stock worth $4,254,000 after acquiring an additional 108,201 shares during the period. SG Americas Securities LLC grew its holdings in Zuora by 49.8% during the 4th quarter. SG Americas Securities LLC now owns 85,665 shares of the company’s stock worth $850,000 after acquiring an additional 28,465 shares in the last quarter. Barclays PLC increased its position in Zuora by 256.0% during the 3rd quarter. Barclays PLC now owns 280,963 shares of the company’s stock valued at $2,422,000 after purchasing an additional 202,047 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Zuora by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 3,137,007 shares of the company’s stock valued at $27,047,000 after purchasing an additional 119,439 shares in the last quarter. 83.02% of the stock is currently owned by hedge funds and other institutional investors.
Zuora Price Performance
NYSE ZUO opened at $10.02 on Friday. The company has a market cap of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67. The firm’s 50 day moving average price is $10.02 and its 200-day moving average price is $9.92. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.62 and a current ratio of 2.62. Zuora, Inc. has a 52-week low of $8.20 and a 52-week high of $10.85.
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.
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