Blair William & Co. IL Has $5.78 Million Stake in Thryv Holdings, Inc. (NASDAQ:THRY)

Blair William & Co. IL increased its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 9.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 390,546 shares of the company’s stock after purchasing an additional 33,883 shares during the quarter. Blair William & Co. IL owned approximately 0.93% of Thryv worth $5,780,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund boosted its stake in shares of Thryv by 18.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company’s stock valued at $141,000 after buying an additional 1,500 shares during the period. Corebridge Financial Inc. raised its holdings in shares of Thryv by 8.9% during the fourth quarter. Corebridge Financial Inc. now owns 19,984 shares of the company’s stock worth $296,000 after acquiring an additional 1,631 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Thryv by 17.6% during the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company’s stock worth $169,000 after acquiring an additional 1,715 shares in the last quarter. Swiss National Bank grew its stake in Thryv by 2.9% in the fourth quarter. Swiss National Bank now owns 67,800 shares of the company’s stock valued at $1,003,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Quarry LP increased its position in Thryv by 1,296.3% in the 3rd quarter. Quarry LP now owns 2,248 shares of the company’s stock worth $39,000 after purchasing an additional 2,087 shares during the last quarter. 96.38% of the stock is owned by hedge funds and other institutional investors.

Thryv Price Performance

NASDAQ THRY opened at $13.45 on Monday. The firm has a market cap of $583.34 million, a P/E ratio of -1.39 and a beta of 0.90. The stock’s 50-day moving average is $17.07 and its two-hundred day moving average is $16.33. Thryv Holdings, Inc. has a fifty-two week low of $13.06 and a fifty-two week high of $26.42. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.04 and a quick ratio of 1.04.

Thryv (NASDAQ:THRY) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.26. The business had revenue of $186.60 million for the quarter, compared to the consensus estimate of $183.02 million. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. On average, analysts anticipate that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and set a $28.00 price target on shares of Thryv in a report on Wednesday, January 15th. Royal Bank of Canada started coverage on shares of Thryv in a research note on Thursday. They issued a “sector perform” rating and a $17.00 target price for the company.

Thryv Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.