Deutsche Bank AG Purchases 187,073 Shares of Zuora, Inc. (NYSE:ZUO)

Deutsche Bank AG increased its position in Zuora, Inc. (NYSE:ZUO) by 220.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 271,843 shares of the company’s stock after buying an additional 187,073 shares during the quarter. Deutsche Bank AG owned 0.18% of Zuora worth $2,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in Zuora by 49.8% in the 4th quarter. SG Americas Securities LLC now owns 85,665 shares of the company’s stock worth $850,000 after buying an additional 28,465 shares during the last quarter. Barclays PLC lifted its position in Zuora by 256.0% in the 3rd quarter. Barclays PLC now owns 280,963 shares of the company’s stock worth $2,422,000 after buying an additional 202,047 shares during the last quarter. Handelsbanken Fonder AB lifted its position in Zuora by 33.5% in the 4th quarter. Handelsbanken Fonder AB now owns 30,300 shares of the company’s stock worth $301,000 after buying an additional 7,600 shares during the last quarter. Entropy Technologies LP lifted its position in Zuora by 214.8% in the 4th quarter. Entropy Technologies LP now owns 56,573 shares of the company’s stock worth $561,000 after buying an additional 38,600 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Zuora by 3.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,197,401 shares of the company’s stock worth $11,878,000 after buying an additional 44,029 shares during the last quarter. Institutional investors own 83.02% of the company’s stock.

Zuora Price Performance

Shares of Zuora stock opened at $10.02 on Thursday. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.62 and a quick ratio of 2.62. The business’s 50 day simple moving average is $10.02 and its two-hundred day simple moving average is $9.98. The stock has a market capitalization of $1.54 billion, a P/E ratio of -20.45 and a beta of 1.67. Zuora, Inc. has a one year low of $8.20 and a one year 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.