First Allied Advisory Services Inc. lifted its holdings in shares of Terra Nitrogen Company, L.P. (NYSE:TNH) by 13.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,973 shares of the basic materials company’s stock after buying an additional 349 shares during the period. First Allied Advisory Services Inc.’s holdings in Terra Nitrogen Company, L.P. were worth $254,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TNH. Rational Advisors LLC acquired a new position in shares of Terra Nitrogen Company, L.P. during the 2nd quarter worth about $283,000. Virtu KCG Holdings LLC acquired a new position in shares of Terra Nitrogen Company, L.P. during the 2nd quarter worth about $286,000. Citadel Advisors LLC acquired a new position in shares of Terra Nitrogen Company, L.P. during the 2nd quarter worth about $318,000. Advisor Group Inc. boosted its stake in shares of Terra Nitrogen Company, L.P. by 50.3% during the 2nd quarter. Advisor Group Inc. now owns 3,841 shares of the basic materials company’s stock worth $330,000 after buying an additional 1,285 shares during the last quarter. Finally, Global X Management Co. LLC boosted its stake in shares of Terra Nitrogen Company, L.P. by 49.4% during the 2nd quarter. Global X Management Co. LLC now owns 4,062 shares of the basic materials company’s stock worth $349,000 after buying an additional 1,343 shares during the last quarter. Institutional investors own 3.44% of the company’s stock.

Terra Nitrogen Company, L.P. (NYSE:TNH) opened at 78.43 on Wednesday. The stock’s 50 day moving average is $79.56 and its 200-day moving average is $85.24. Terra Nitrogen Company, L.P. has a 1-year low of $75.20 and a 1-year high of $115.86. The firm has a market capitalization of $1.47 billion, a P/E ratio of 12.09 and a beta of 0.08.

Terra Nitrogen Company, L.P. (NYSE:TNH) last posted its earnings results on Wednesday, August 2nd. The basic materials company reported $1.64 EPS for the quarter. The company had revenue of $96.10 million during the quarter. Terra Nitrogen Company, L.P. had a net margin of 38.78% and a return on equity of 43.15%.

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A number of equities analysts have recently commented on the stock. ValuEngine upgraded shares of Terra Nitrogen Company, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. BidaskClub downgraded shares of Terra Nitrogen Company, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th.

Terra Nitrogen Company, L.P. Profile

Terra Nitrogen Company, L.P. (TNCLP) is a limited partnership that produces nitrogen fertilizer products. The Company’s principal products are anhydrous ammonia (ammonia) and urea ammonium nitrate solutions (UAN), which it manufactures at its facility in Verdigris, Oklahoma. Its nitrogen products are used primarily by farmers.

Institutional Ownership by Quarter for Terra Nitrogen Company, L.P. (NYSE:TNH)

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