*Trinet Group INC (TNET) Stake Held by Cantillon Capital Management Llc

June 27, 2018 - By Mohammad Shatley

TriNet Group, Inc. (NYSE:TNET) Corporate Logo

According to 2018Q1 SEC filling the William Von Mueffling increased its stake in Trinet Group Inc (TNET) by 5.77%. By buying 225,981 shares Cantillon Capital Management Llc made the stock popped up with 26.36%. The miscellaneous company at the end of 2018Q1 was valued at $191.79M. It’s up from 3.91M at the end of the previous reported quarter. Now it had 4.14M shares held by the hedge fund run by William Von Mueffling. $3.80B is Trinet Group Inc’s market cap. Ticker’s shares touched $54.1 during the last trading session after 0.80% change.TriNet Group, Inc. has volume of 140,086 shares. Since June 27, 2017 TNET has risen 70.21% and is uptrending. The stock outperformed the S&P500 by 57.64%.

About $12.49B and $8.80B US Long portfolio Cantillon Capital Management Llc operates. It reduced its stake in Intercontinental Exchange In (NYSE:ICE) by 108,197 shares to 5.11M shares, valued at $370.25M in 2018Q1, according to the filing. For a total of 6.05M shares it reduced its holding in Servicemaster Global Hldgs I (NYSE:SERV) by 125,583 shares in the quarter, and has cut its stake in Visa Inc (NYSE:V).

More recent TriNet Group, Inc. (NYSE:TNET) news were announced by Streetinsider.com, Streetinsider.com and Twst.com. The first one has “Trade war sell-off hits European shares hard” as a title and was announced on June 25, 2018. The next is “Europe’s banks and industrials stocks sink as trade dispute deepens” on June 25, 2018. And last was announced on June 22, 2018, called “TriNet Group Inc.: TriNet Announces Senior Secured Credit Facility Refinancing”.

TriNet Group, Inc. (NYSE:TNET) Ratings Coverage

In total 2 analysts cover Trinet Group (NYSE:TNET). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. 5 are the (NYSE:TNET)’s analyst reports since February 28, 2018 according to StockzIntelligence Inc. On Tuesday, May 1 Morgan Stanley maintained TriNet Group, Inc. (NYSE:TNET) with “Equal-Weight” rating. On Tuesday, May 1 Stifel Nicolaus maintained TriNet Group, Inc. (NYSE:TNET) rating. Stifel Nicolaus has “Buy” rating and $64 target. On Thursday, April 12 the rating was maintained by Stifel Nicolaus with “Buy”. On Wednesday, February 28 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, April 4 Morgan Stanley upgraded TriNet Group, Inc. (NYSE:TNET) to “Equal-Weight” rating.

TriNet Group, Inc. (NYSE:TNET) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: