Swiss National Bank Acquires 1,900 Shares of Thryv Holdings, Inc. (NASDAQ:THRY)

Swiss National Bank boosted its holdings in Thryv Holdings, Inc. (NASDAQ:THRY) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,800 shares of the company’s stock after buying an additional 1,900 shares during the quarter. Swiss National Bank owned 0.16% of Thryv worth $1,003,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of THRY. FMR LLC lifted its holdings in Thryv by 1.3% in the third quarter. FMR LLC now owns 5,425,792 shares of the company’s stock valued at $93,486,000 after acquiring an additional 71,174 shares during the period. State Street Corp increased its position in shares of Thryv by 2.0% during the 3rd quarter. State Street Corp now owns 1,159,541 shares of the company’s stock valued at $19,979,000 after purchasing an additional 22,460 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Thryv by 31.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,107,417 shares of the company’s stock worth $16,135,000 after purchasing an additional 262,111 shares during the period. Harspring Capital Management LLC boosted its holdings in shares of Thryv by 51.2% in the third quarter. Harspring Capital Management LLC now owns 635,000 shares of the company’s stock worth $10,941,000 after buying an additional 215,000 shares during the last quarter. Finally, Peregrine Capital Management LLC grew its position in Thryv by 91.0% during the fourth quarter. Peregrine Capital Management LLC now owns 396,038 shares of the company’s stock valued at $5,861,000 after buying an additional 188,718 shares during the period. Institutional investors own 96.38% of the company’s stock.

Wall Street Analyst Weigh In

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

Thryv Trading Down 6.9 %

Shares of THRY opened at $13.45 on Friday. The stock has a market capitalization of $583.34 million, a PE ratio of -1.39 and a beta of 0.90. The company’s fifty day moving average is $17.07 and its 200 day moving average is $16.34. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.04 and a current ratio of 1.04. Thryv Holdings, Inc. has a fifty-two week low of $13.06 and a fifty-two week high of $26.42.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, February 27th. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $183.02 million. Sell-side analysts expect that Thryv Holdings, Inc. will post -2.24 earnings per share for the current fiscal year.

Thryv Company 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.