Zuora, Inc. (NYSE:ZUO) Shares Purchased by Invesco Ltd.

Invesco Ltd. lifted its position in shares of Zuora, Inc. (NYSE:ZUO) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,720 shares of the company’s stock after buying an additional 1,066 shares during the period. Invesco Ltd. owned approximately 0.07% of Zuora worth $1,009,000 as of its most recent SEC filing.

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

Zuora Stock Performance

NYSE:ZUO opened at $10.02 on Friday. The firm’s fifty day simple moving average is $10.02 and its 200 day simple moving average is $9.96. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 2.00. Zuora, Inc. has a twelve month low of $8.20 and a twelve month high of $10.85. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67.

Zuora 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.