Swiss National Bank Raises Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Swiss National Bank increased its position in shares of Thryv Holdings, Inc. (NASDAQ:THRY) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 67,800 shares of the company’s stock after purchasing an additional 1,900 shares during the period. Swiss National Bank’s holdings in Thryv were worth $1,003,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Barclays PLC lifted its holdings in Thryv by 397.0% during the third quarter. Barclays PLC now owns 66,126 shares of the company’s stock worth $1,140,000 after buying an additional 52,821 shares during the period. FMR LLC raised its position in shares of Thryv by 1.3% in the 3rd quarter. FMR LLC now owns 5,425,792 shares of the company’s stock worth $93,486,000 after acquiring an additional 71,174 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Thryv by 17.7% during the 4th quarter. State of Alaska Department of Revenue now owns 22,920 shares of the company’s stock worth $339,000 after purchasing an additional 3,447 shares during the last quarter. Bullseye Asset Management LLC bought a new stake in Thryv during the third quarter valued at about $1,028,000. Finally, JPMorgan Chase & Co. grew its stake in Thryv by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company’s stock valued at $3,828,000 after purchasing an additional 28,909 shares during the last quarter. 96.38% of the stock is currently owned by institutional investors.

Thryv Stock Performance

THRY opened at $13.45 on Friday. The firm’s 50-day moving average price is $17.07 and its 200-day moving average price is $16.34. The company has a market cap of $583.34 million, a P/E ratio of -1.39 and a beta of 0.90. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.70. Thryv Holdings, Inc. has a 52-week low of $13.06 and a 52-week high of $26.42.

Thryv (NASDAQ:THRY) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.19 earnings per share (EPS) 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 business had revenue of $186.60 million during the quarter, compared to analysts’ expectations of $183.02 million. As a group, equities analysts anticipate that Thryv Holdings, Inc. will post -2.24 EPS for the current fiscal year.

Analyst Ratings Changes

THRY has been the subject of several analyst reports. Needham & Company LLC reissued a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Wednesday, January 15th. Royal Bank of Canada started coverage on shares of Thryv in a research report on Thursday. They set a “sector perform” rating and a $17.00 target price for the company.

About Thryv

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.