924,162 Shares in Zuora, Inc. (NYSE:ZUO) Acquired by Fort Baker Capital Management LP

Fort Baker Capital Management LP purchased a new stake in shares of Zuora, Inc. (NYSE:ZUO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 924,162 shares of the company’s stock, valued at approximately $9,168,000. Zuora makes up approximately 1.5% of Fort Baker Capital Management LP’s holdings, making the stock its 25th largest holding. Fort Baker Capital Management LP owned about 0.60% of Zuora at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ZUO. Invesco Ltd. lifted its holdings in shares of Zuora by 1.1% during the 4th quarter. Invesco Ltd. now owns 101,720 shares of the company’s stock valued at $1,009,000 after acquiring an additional 1,066 shares in the last quarter. Arizona State Retirement System raised its position in 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 purchasing an additional 1,197 shares during the period. Legal & General Group Plc lifted its stake in shares of Zuora by 1.1% during the fourth quarter. Legal & General Group Plc now owns 175,970 shares of the company’s stock worth $1,746,000 after purchasing an additional 1,903 shares in the last quarter. EP Wealth Advisors LLC boosted its position in shares of Zuora by 26.8% in the fourth quarter. EP Wealth Advisors LLC now owns 16,498 shares of the company’s stock worth $164,000 after buying an additional 3,487 shares during the period. Finally, Vestcor Inc acquired a new stake in shares of Zuora in the fourth quarter valued at about $40,000. 83.02% of the stock is currently owned by hedge funds and other institutional investors.

Zuora Stock Performance

Zuora stock opened at $10.02 on Friday. 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 one year low of $8.20 and a one year high of $10.85. The stock’s 50 day moving average price is $10.02 and its 200 day moving average price is $9.98. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.62 and a current ratio of 2.62.

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.