Great Lakes Advisors LLC Makes New Investment in Mondi Plc Uns $MONDY

Great Lakes Advisors LLC purchased a new position in shares of Mondi Plc Uns (OTCMKTS:MONDY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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 purchased a new stake in shares of Mondi Plc Uns in the 2nd quarter valued at $369,554,000.

Mondi Plc Uns Trading Down 0.7%

MONDY opened at $23.45 on Wednesday. Mondi Plc Uns has a 52 week low of $17.87 and a 52 week high of $29.09. The business’s 50 day moving average is $20.64 and its two-hundred day moving average is $21.84. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49.

Wall Street Analysts Forecast Growth

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

About Mondi Plc Uns

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.