As Trinet Group INC (TNET) Shares Rose, Shareholder Cantillon Capital Management LLC Increased Its Stake

June 27, 2018 - By Anthony Rauscher

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

Based on the latest 2018Q1 regulatory filing with the SEC, William Von Mueffling increased its holdings in Trinet Group Inc (TNET) by 5.77%. The company’s stock rose 26.36% while stock markets declined as Cantillon Capital Management Llc bought 225,981 shares. The miscellaneous company announced $191.79M value for the 2018Q1. Now the hedge fund run by William Von Mueffling is holding 4.14 million shares, compared to the 3.91M from the previous quarter. $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 $8.80 billion US Long portfolio Cantillon Capital Management Llc operates. It decreased its stake in Visa Inc (NYSE:V) by 57,497 shares to 2.98M shares, valued at $355.90 million in 2018Q1, according to the filing. Cantillon Capital Management Llc has cut its stake in Alphabet Inc and also reduced its holding in Intercontinental Exchange In (NYSE:ICE) by 108,197 shares in the quarter, for a total of 5.11 million shares.

More recent TriNet Group, Inc. (NYSE:TNET) news were published by, and The first one has “TriNet Group Inc.: TriNet Announces Senior Secured Credit Facility Refinancing” as a title and was published on June 22, 2018. The next is “Trade war sell-off hits European shares hard” on June 25, 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

A total of 2 analysts rate Trinet Group (NYSE:TNET) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NYSE:TNET) has 5 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Wednesday, February 28 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, April 4 the stock of TriNet Group, Inc. (NYSE:TNET) has “Equal-Weight” rating given by Morgan Stanley. On Tuesday, May 1 the stock has “Equal-Weight” rating by Morgan Stanley. On Tuesday, May 1 the rating was maintained by Stifel Nicolaus with “Buy”. The stock rating was maintained by Stifel Nicolaus with “Buy” on Thursday, April 12.

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

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