LRT Capital Management LLC Has $796,000 Stock Holdings in TriNet Group, Inc. (NYSE:TNET)

LRT Capital Management LLC lessened its stake in TriNet Group, Inc. (NYSE:TNET - Free Report) by 69.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,689 shares of the business services provider's stock after selling 15,070 shares during the period. LRT Capital Management LLC's holdings in TriNet Group were worth $796,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its position in TriNet Group by 11.4% in the 1st quarter. Wellington Management Group LLP now owns 4,190,526 shares of the business services provider's stock valued at $412,181,000 after buying an additional 430,430 shares during the last quarter. BlackRock Inc. grew its position in TriNet Group by 2.4% in the 2nd quarter. BlackRock Inc. now owns 2,607,681 shares of the business services provider's stock valued at $247,651,000 after buying an additional 61,569 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in TriNet Group by 2.7% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 871,125 shares of the business services provider's stock valued at $101,469,000 after buying an additional 23,194 shares during the last quarter. State Street Corp lifted its position in TriNet Group by 1.5% in the first quarter. State Street Corp now owns 819,550 shares of the business services provider's stock valued at $80,611,000 after purchasing an additional 12,253 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in TriNet Group by 84.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 807,212 shares of the business services provider's stock valued at $94,024,000 after purchasing an additional 369,144 shares during the period. Institutional investors and hedge funds own 96.81% of the company's stock.

Insiders Place Their Bets

In other TriNet Group news, Director Wayne B. Lowell sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $122.22, for a total transaction of $1,222,200.00. Following the sale, the director now directly owns 84,766 shares of the company's stock, valued at approximately $10,360,100.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other TriNet Group news, SVP Alexander G. Warren sold 2,385 shares of the firm's stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $123.07, for a total value of $293,521.95. Following the sale, the senior vice president now directly owns 18,365 shares of the company's stock, valued at approximately $2,260,180.55. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Wayne B. Lowell sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $122.22, for a total transaction of $1,222,200.00. Following the transaction, the director now directly owns 84,766 shares of the company's stock, valued at approximately $10,360,100.52. The disclosure for this sale can be found here. Insiders have sold 33,835 shares of company stock valued at $4,161,834 in the last ninety days. Insiders own 37.40% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on TNET. Stifel Nicolaus raised their price objective on shares of TriNet Group from $117.00 to $121.00 and gave the company a "buy" rating in a research report on Friday, February 16th. Needham & Company LLC reiterated a "buy" rating and issued a $150.00 price objective on shares of TriNet Group in a research report on Friday, March 1st. StockNews.com upgraded TriNet Group from a "hold" rating to a "buy" rating in a research report on Monday, February 5th. Finally, TD Cowen increased their price objective on TriNet Group from $129.00 to $140.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $119.17.

TriNet Group Price Performance

TNET traded down $1.24 during midday trading on Friday, reaching $128.26. 169,442 shares of the company's stock were exchanged, compared to its average volume of 171,948. The company has a debt-to-equity ratio of 12.62, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $6.49 billion, a PE ratio of 19.76 and a beta of 1.09. The business's 50-day moving average price is $127.27 and its 200 day moving average price is $119.21. TriNet Group, Inc. has a 1-year low of $79.00 and a 1-year high of $134.67.

TriNet Group (NYSE:TNET - Get Free Report) last announced its earnings results on Thursday, February 15th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.46. The company had revenue of $326.00 million during the quarter, compared to analysts' expectations of $300.36 million. TriNet Group had a net margin of 7.62% and a return on equity of 87.97%. As a group, equities analysts anticipate that TriNet Group, Inc. will post 5.79 EPS for the current fiscal year.

TriNet Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 22nd. Shareholders of record on Monday, April 1st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, March 28th. TriNet Group's payout ratio is 15.41%.

About TriNet Group

TriNet Group, Inc provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services.