Sei Investments Co. Raises Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Sei Investments Co. lifted its holdings in Thryv Holdings, Inc. (NASDAQ:THRY - Free Report) by 45.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 225,951 shares of the company's stock after acquiring an additional 70,886 shares during the period. Sei Investments Co. owned 0.54% of Thryv worth $3,344,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP lifted its stake in shares of Thryv by 1,296.3% in the 3rd 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 last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in Thryv during the 4th quarter valued at $44,000. Oregon Public Employees Retirement Fund lifted its position in Thryv by 18.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,509 shares of the company's stock worth $141,000 after buying an additional 1,500 shares during the last quarter. Amalgamated Bank boosted its stake in Thryv by 17.6% during the fourth quarter. Amalgamated Bank now owns 11,446 shares of the company's stock worth $169,000 after buying an additional 1,715 shares during the period. Finally, Maryland State Retirement & Pension System increased its position in Thryv by 21.1% during the fourth quarter. Maryland State Retirement & Pension System now owns 13,581 shares of the company's stock valued at $201,000 after acquiring an additional 2,365 shares during the last quarter. Hedge funds and other institutional investors own 96.38% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and issued a $28.00 target price on shares of Thryv in a report on Friday. Royal Bank of Canada started coverage on shares of Thryv in a research note on Thursday, March 27th. They issued a "sector perform" rating and a $17.00 price objective for the company.

Thryv Trading Down 3.4 %

THRY stock traded down $0.36 during midday trading on Tuesday, reaching $10.25. The company's stock had a trading volume of 615,635 shares, compared to its average volume of 364,780. Thryv Holdings, Inc. has a 1 year low of $10.17 and a 1 year high of $26.42. The firm has a market capitalization of $444.55 million, a price-to-earnings ratio of -1.06 and a beta of 1.03. The stock has a fifty day simple moving average of $16.29 and a two-hundred day simple moving average of $15.97. 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 (NASDAQ:THRY - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.26. The company had revenue of $186.60 million for the quarter, compared to the consensus estimate of $183.02 million. Thryv had a negative net margin of 38.87% and a negative return on equity of 42.95%. On average, equities research analysts predict that Thryv Holdings, Inc. will post -2.24 EPS for the current 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.