Great Lakes Advisors LLC Acquires New Stake in Mondi Plc Uns $MONDY

Great Lakes Advisors LLC purchased a new position in shares of Mondi Plc Uns (OTCMKTS:MONDY) during the second quarter, HoldingsChannel reports. The firm purchased 23,996 shares of the company’s stock, valued at approximately $12,452,000.

Separately, Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Mondi Plc Uns during the 2nd quarter worth approximately $369,554,000.

Analyst Ratings Changes

Separately, UBS Group downgraded Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Mondi Plc Uns has an average rating of “Hold”.

Mondi Plc Uns Stock Performance

MONDY opened at $23.45 on Wednesday. Mondi Plc Uns has a 12 month low of $17.87 and a 12 month high of $29.09. The business has a 50-day moving average of $20.64 and a two-hundred day moving average of $21.84. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.53.

Mondi Plc Uns Company Profile

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.