Diamond Hill Capital Management LLC Investment Advisor Purchases Shares of 1,114,156 Mondi Plc Uns $MONDY

Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Mondi Plc Uns (OTCMKTS:MONDY) during the second quarter, Holdings Channel reports. The fund purchased 1,114,156 shares of the company’s stock, valued at approximately $369,554,000. Mondi Plc Uns comprises 3.0% of Diamond Hill Capital Management LLC Investment Advisor’s portfolio, making the stock its 5th largest position.

Analysts Set New Price Targets

Separately, UBS Group downgraded shares of Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. One equities research 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 data from MarketBeat, the company has an average rating of “Hold”.

Mondi Plc Uns Price Performance

Shares of Mondi Plc Uns stock opened at $23.94 on Monday. Mondi Plc Uns has a one year low of $17.87 and a one year high of $29.18. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.87. The business has a 50-day simple moving average of $20.49 and a 200-day simple moving average of $21.86.

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.