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

June 27, 2018 - By Madeline Delgado

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

The holdings In Trinet Group Inc (TNET) was increased owned by William Von Mueffling. According to 2018Q1 Securities and Exchange filling the decrease is 5.77%. The company’s stock rose 26.36% while stock markets declined as Cantillon Capital Management Llc bought 225,981 shares. At the end of 2018Q1, the hedge fund run by William Von Mueffling held 4.14 million shares of the miscellaneous company, priced at $191.79 million, up from 3.91M at the end of the previous reported quarter. $3.80 billion is Trinet Group Inc’s MC. TNET touched $54.1 during the last trading session after $0.43 change.Currently TriNet Group, Inc. is uptrending after 70.21% change in last June 27, 2017. TNET has 140,086 shares volume. The stock outperformed the S&P 500 by 57.64%.

Cantillon Capital Management Llc manages about $12.49 billion and $8.80 billion US Long portfolio. It reduced its stake in Becton Dickinson & Co (NYSE:BDX) by 26,154 shares to 1.14 million shares, valued at $247.51M in 2018Q1, according to the filing. Cantillon Capital Management Llc has cut its stake in Bitauto Hldgs Ltd (NYSE:BITA) and also reduced its holding in Baidu Inc (NASDAQ:BIDU) by 34,194 shares in the quarter, for a total of 1.69 million shares.

More recent TriNet Group, Inc. (NYSE:TNET) news were posted 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 posted 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 posted on June 22, 2018, called “TriNet Group Inc.: TriNet Announces Senior Secured Credit Facility Refinancing”.

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

Total analysts of 2 have positions in Trinet Group (NYSE:TNET) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since February 28, 2018 according to StockzIntelligence Inc Trinet Group has 5 analyst reports. In Tuesday, May 1 report Stifel Nicolaus maintained the stock with “Buy” rating. On Thursday, April 12 the rating was maintained by Stifel Nicolaus with “Buy”. The company rating was upgraded by Morgan Stanley on Wednesday, April 4. On Wednesday, February 28 the firm earned “Buy” rating by Stifel Nicolaus. On Tuesday, May 1 the rating was maintained by Morgan Stanley with “Equal-Weight”.

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

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