Rhumbline Advisers Has $1.48 Million Stock Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Rhumbline Advisers raised its holdings in Thryv Holdings, Inc. (NASDAQ:THRY) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,784 shares of the company’s stock after acquiring an additional 7,036 shares during the quarter. Rhumbline Advisers owned about 0.24% of Thryv worth $1,477,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its position in shares of Thryv by 3.8% in the third quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the company’s stock valued at $284,000 after purchasing an additional 600 shares during the period. State of Alaska Department of Revenue raised its position in shares of Thryv by 5.2% in the third quarter. State of Alaska Department of Revenue now owns 19,473 shares of the company’s stock valued at $335,000 after purchasing an additional 960 shares during the period. KBC Group NV raised its position in shares of Thryv by 97.8% in the third quarter. KBC Group NV now owns 2,868 shares of the company’s stock valued at $49,000 after purchasing an additional 1,418 shares during the period. Quarry LP raised its position in shares of Thryv by 1,296.3% in the third quarter. Quarry LP now owns 2,248 shares of the company’s stock valued at $39,000 after purchasing an additional 2,087 shares during the period. Finally, Clark Estates Inc. NY raised its position in shares of Thryv by 1.9% in the third quarter. Clark Estates Inc. NY now owns 115,250 shares of the company’s stock valued at $1,986,000 after purchasing an additional 2,200 shares during the period. 96.38% of the stock is currently owned by institutional investors and hedge funds.

Thryv Trading Up 2.9 %

Shares of THRY stock opened at $16.84 on Wednesday. Thryv Holdings, Inc. has a 1 year low of $13.06 and a 1 year high of $26.42. The firm’s fifty day simple moving average is $16.85 and its 200 day simple moving average is $16.67. The firm has a market capitalization of $708.04 million, a P/E ratio of -1.74 and a beta of 0.90. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.70.

Thryv (NASDAQ:THRY) last posted its quarterly 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. As a group, sell-side analysts predict that Thryv Holdings, Inc. will post -2.24 EPS for the current year.

Analyst Upgrades and Downgrades

THRY has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $28.00 price target on shares of Thryv in a research report on Wednesday, January 15th. Robert W. Baird dropped their price target on shares of Thryv from $25.00 to $20.00 and set an “outperform” rating on the stock in a research report on Friday, November 8th.

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.