Barclays PLC Has $1.14 Million Position in Thryv Holdings, Inc. (NASDAQ:THRY)

Barclays PLC grew its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 397.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,126 shares of the company’s stock after purchasing an additional 52,821 shares during the quarter. Barclays PLC owned approximately 0.16% of Thryv worth $1,140,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of THRY. Quarry LP increased its position in Thryv by 1,296.3% during the third quarter. Quarry LP now owns 2,248 shares of the company’s stock worth $39,000 after acquiring an additional 2,087 shares during the period. KBC Group NV increased its stake in Thryv by 97.8% during the 3rd quarter. KBC Group NV now owns 2,868 shares of the company’s stock worth $49,000 after acquiring an additional 1,418 shares during the period. Point72 DIFC Ltd acquired a new position in Thryv in the 2nd quarter valued at $100,000. Quest Partners LLC bought a new stake in shares of Thryv during the 2nd quarter valued at $143,000. Finally, XTX Topco Ltd acquired a new stake in shares of Thryv during the 2nd quarter worth $190,000. Institutional investors and hedge funds own 96.38% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on THRY shares. Craig Hallum began coverage on shares of Thryv in a research report on Wednesday, October 2nd. They set a “buy” rating and a $25.00 price objective for the company. Robert W. Baird cut their price target on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $28.00 price objective on shares of Thryv in a research note on Wednesday, December 4th.

Thryv Price Performance

Thryv stock opened at $14.24 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70. The company has a market capitalization of $598.72 million, a P/E ratio of -1.47 and a beta of 0.88. The firm has a 50 day moving average price of $15.00 and a 200-day moving average price of $16.68. Thryv Holdings, Inc. has a twelve month low of $13.06 and a twelve month high of $26.42.

Thryv (NASDAQ:THRY) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($2.65) earnings per share for the quarter, missing the consensus estimate of ($2.53) by ($0.12). Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. The company had revenue of $179.85 million for the quarter, compared to the consensus estimate of $179.24 million. During the same quarter in the prior year, the company earned ($0.78) earnings per share. The company’s quarterly revenue was down 2.2% on a year-over-year basis. As a group, equities analysts predict that Thryv Holdings, Inc. will post -2.24 EPS for the current 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.