TriNet Group, Inc. (NYSE:TNET) Holdings Decreased by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. reduced its position in TriNet Group, Inc. (NYSE:TNET - Free Report) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,210,677 shares of the business services provider's stock after selling 26,590 shares during the quarter. TriNet Group comprises approximately 2.6% of Mawer Investment Management Ltd.'s portfolio, making the stock its 13th biggest position. Mawer Investment Management Ltd. owned approximately 8.34% of TriNet Group worth $500,776,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Principal Securities Inc. acquired a new stake in shares of TriNet Group during the fourth quarter worth $26,000. Avion Wealth boosted its holdings in shares of TriNet Group by 22.9% in the fourth quarter. Avion Wealth now owns 569 shares of the business services provider's stock valued at $68,000 after acquiring an additional 106 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of TriNet Group by 31.8% during the third quarter. PNC Financial Services Group Inc. now owns 730 shares of the business services provider's stock worth $85,000 after acquiring an additional 176 shares during the period. Group One Trading L.P. purchased a new position in TriNet Group during the third quarter worth about $90,000. Finally, Blue Trust Inc. lifted its position in TriNet Group by 15.7% in the fourth quarter. Blue Trust Inc. now owns 798 shares of the business services provider's stock valued at $93,000 after purchasing an additional 108 shares during the period. 96.81% of the stock is currently owned by hedge funds and other institutional investors.

TriNet Group Price Performance

NYSE TNET traded up $0.98 during trading hours on Friday, reaching $103.46. The company's stock had a trading volume of 251,041 shares, compared to its average volume of 303,342. The company has a debt-to-equity ratio of 6.88, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $5.23 billion, a PE ratio of 16.96 and a beta of 1.16. The company's 50-day moving average is $123.06 and its two-hundred day moving average is $118.37. TriNet Group, Inc. has a fifty-two week low of $87.20 and a fifty-two week high of $134.67.

TriNet Group (NYSE:TNET - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The business services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $0.95 by $0.46. TriNet Group had a net margin of 6.78% and a return on equity of 124.38%. The business had revenue of $326.00 million for the quarter, compared to analyst estimates of $300.36 million. Analysts forecast that TriNet Group, Inc. will post 4.78 EPS for the current year.

TriNet Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 22nd. Investors of record on Monday, April 1st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Thursday, March 28th. TriNet Group's payout ratio is currently 16.39%.

Insider Buying and Selling

In other TriNet Group news, EVP Samantha Wellington sold 14,271 shares of the firm's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $124.88, for a total transaction of $1,782,162.48. Following the sale, the executive vice president now directly owns 48,562 shares of the company's stock, valued at approximately $6,064,422.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other TriNet Group news, EVP Samantha Wellington sold 14,271 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $124.88, for a total transaction of $1,782,162.48. Following the transaction, the executive vice president now owns 48,562 shares of the company's stock, valued at approximately $6,064,422.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Alexander G. Warren sold 2,385 shares of TriNet Group stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $123.07, for a total value of $293,521.95. Following the completion of 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 disclosure for this sale can be found here. In the last quarter, insiders sold 31,427 shares of company stock worth $3,875,024. 37.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Stifel Nicolaus increased their target price on TriNet Group from $117.00 to $121.00 and gave the stock a "buy" rating in a research note on Friday, February 16th. Needham & Company LLC reduced their target price on TriNet Group from $150.00 to $140.00 and set a "buy" rating for the company in a report on Friday, April 26th. TD Cowen boosted their target price on shares of TriNet Group from $129.00 to $140.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. Finally, StockNews.com downgraded shares of TriNet Group from a "buy" rating to a "hold" rating in a report on Monday, April 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, TriNet Group currently has an average rating of "Hold" and a consensus target price of $117.50.

TriNet Group Profile

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.