Terra Nitrogen Company, L.P. (NYSE:TNH) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

Separately, BidaskClub upgraded Terra Nitrogen Company, L.P. from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th.

Terra Nitrogen Company, L.P. (NYSE:TNH) traded down 1.32% during mid-day trading on Monday, hitting $80.45. The stock had a trading volume of 9,496 shares. Terra Nitrogen Company, L.P. has a 12 month low of $75.20 and a 12 month high of $115.86. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 12.40 and a beta of 0.06. The firm’s 50-day moving average is $79.90 and its 200 day moving average is $86.64.

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

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Several hedge funds and other institutional investors have recently made changes to their positions in TNH. Goldman Sachs Group Inc. purchased a new position in shares of Terra Nitrogen Company, L.P. in the second quarter valued at $519,000. Rafferty Asset Management LLC grew its position in shares of Terra Nitrogen Company, L.P. by 19.9% in the second quarter. Rafferty Asset Management LLC now owns 34,958 shares of the basic materials company’s stock valued at $3,001,000 after purchasing an additional 5,808 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of Terra Nitrogen Company, L.P. in the second quarter valued at $318,000. Virtu KCG Holdings LLC purchased a new position in shares of Terra Nitrogen Company, L.P. in the second quarter valued at $286,000. Finally, Rational Advisors LLC purchased a new position in shares of Terra Nitrogen Company, L.P. in the second quarter valued at $283,000. Institutional investors own 3.44% of the company’s stock.

Terra Nitrogen Company, L.P. Company 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.

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