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

Blair William & Co. IL grew its stake in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 9.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 390,546 shares of the company’s stock after buying an additional 33,883 shares during the period. Blair William & Co. IL’s holdings in Thryv were worth $5,780,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in THRY. JPMorgan Chase & Co. lifted its position in shares of Thryv by 22.4% in the 4th quarter. JPMorgan Chase & Co. now owns 271,874 shares of the company’s stock worth $4,024,000 after acquiring an additional 49,697 shares during the period. EntryPoint Capital LLC bought a new position in Thryv in the fourth quarter worth $174,000. Prudential Financial Inc. boosted its stake in Thryv by 13.3% during the fourth quarter. Prudential Financial Inc. now owns 52,296 shares of the company’s stock worth $774,000 after buying an additional 6,150 shares in the last quarter. Corebridge Financial Inc. increased its holdings in Thryv by 8.9% in the 4th quarter. Corebridge Financial Inc. now owns 19,984 shares of the company’s stock valued at $296,000 after buying an additional 1,631 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Thryv by 22.5% in the 4th quarter. Vanguard Group Inc. now owns 2,983,416 shares of the company’s stock valued at $44,155,000 after buying an additional 548,864 shares in the last quarter. Institutional investors own 96.38% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Royal Bank of Canada began coverage on shares of Thryv in a research report on Thursday. They set a “sector perform” rating and a $17.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price objective on shares of Thryv in a report on Wednesday, January 15th.

Thryv Stock Down 6.9 %

THRY opened at $13.45 on Monday. The firm has a market cap of $583.34 million, a price-to-earnings ratio of -1.39 and a beta of 0.90. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s 50-day simple moving average is $17.07 and its 200-day simple moving average is $16.33. Thryv Holdings, Inc. has a twelve month low of $13.06 and a twelve month high of $26.42.

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

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.