Trinet Group INC (TNET) Shareholder Cantillon Capital Management LLC Increased Stake by $10.40 Million

June 27, 2018 - By Mike Johnson

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

The stake In Trinet Group Inc (TNET) was increased owned by William Von Mueffling. According to 2018Q1 SEC filling the reduction is 5.77%. The company’s stock popped up 26.36% while Cantillon Capital Management Llc bought 225,981 shares. The miscellaneous company reported $191.79M value for the 2018Q1. Now the hedge fund run by William Von Mueffling is holding 4.14M shares, compared to the 3.91M from the previous quarter. $3.80B is the MC of Trinet Group Inc. Ticker’s shares touched $54.1 during the last trading session after 0.80% change.Currently TriNet Group, Inc. is uptrending after 70.21% change in last June 27, 2017. TNET has 140,086 shares volume. TNET outperformed by 57.64% the S&P500.

The Cantillon Capital Management Llc’s stake in Allergan Plc was decreased by 19,501 shares to 1.01M shares valued at $170.10 million in 2018Q1, according to the filing. It operates about $12.49B and $8.80 billion US Long portfolio. For a total of 5.69M shares it reduced its holding in Analog Devices Inc (NASDAQ:ADI) by 118,991 shares in the quarter, and has cut its stake in Servicemaster Global Hldgs I (NYSE:SERV).

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

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 Wednesday, February 28 Stifel Nicolaus maintained TriNet Group, Inc. (NYSE:TNET) with “Buy” rating. On Tuesday, May 1 Morgan Stanley maintained TriNet Group, Inc. (NYSE:TNET) rating. Morgan Stanley has “Equal-Weight” rating and $48 target. On Thursday, April 12 the firm has “Buy” rating given by Stifel Nicolaus. On Tuesday, May 1 the stock of TriNet Group, Inc. (NYSE:TNET) has “Buy” rating given by Stifel Nicolaus. On Wednesday, April 4 the firm has “Equal-Weight” rating by Morgan Stanley given.

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

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