Trexquant Investment LP Trims Stock Holdings in Thryv Holdings, Inc. (NASDAQ:THRY)

Trexquant Investment LP lowered its stake in Thryv Holdings, Inc. (NASDAQ:THRY) by 48.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,865 shares of the company’s stock after selling 55,091 shares during the quarter. Trexquant Investment LP’s holdings in Thryv were worth $871,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. State Street Corp lifted its holdings in Thryv by 2.0% during the third 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 in the last quarter. XTX Topco Ltd lifted its stake in shares of Thryv by 173.0% during the 3rd quarter. XTX Topco Ltd now owns 29,032 shares of the company’s stock valued at $500,000 after buying an additional 18,397 shares in the last quarter. Barclays PLC boosted its holdings in Thryv by 397.0% in the 3rd 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. Principal Financial Group Inc. increased its stake in Thryv by 3.0% in the 3rd quarter. Principal Financial Group Inc. now owns 161,449 shares of the company’s stock worth $2,782,000 after buying an additional 4,705 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Thryv by 15.0% during the third quarter. JPMorgan Chase & Co. now owns 222,177 shares of the company’s stock valued at $3,828,000 after acquiring an additional 28,909 shares during the period. 96.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on THRY shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Thryv in a research note on Thursday. Royal Bank of Canada assumed coverage on Thryv in a research note on Thursday, March 27th. They issued a “sector perform” rating and a $17.00 price target for the company.

Thryv Stock Up 0.8 %

Shares of THRY stock opened at $11.38 on Friday. The stock has a market cap of $493.56 million, a P/E ratio of -1.18 and a beta of 1.03. The company’s fifty day simple moving average is $15.79 and its two-hundred day simple moving average is $15.81. 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 $10.03 and a 52 week high of $26.42.

Thryv (NASDAQ:THRY) last posted its earnings results on Thursday, February 27th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.26. Thryv had a negative return on equity of 42.95% and a negative net margin of 38.87%. The company had revenue of $186.60 million for the quarter, compared to the consensus estimate of $183.02 million. Analysts predict that Thryv Holdings, Inc. will post -2.24 EPS 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.