Terra Nitrogen Company, L.P. (TNH) Stake Lessened by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its holdings in shares of Terra Nitrogen Company, L.P. (NYSE:TNH) by 33.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,789 shares of the basic materials company’s stock after selling 1,372 shares during the period. JPMorgan Chase & Co.’s holdings in Terra Nitrogen were worth $234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in shares of Terra Nitrogen by 25.2% during the first quarter. Wells Fargo & Company MN now owns 3,368 shares of the basic materials company’s stock worth $283,000 after purchasing an additional 678 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Terra Nitrogen by 41.2% in the 1st quarter. Stratos Wealth Partners LTD. now owns 3,460 shares of the basic materials company’s stock valued at $291,000 after acquiring an additional 1,010 shares during the period. Renaissance Technologies LLC increased its position in shares of Terra Nitrogen by 52.7% in the 4th quarter. Renaissance Technologies LLC now owns 49,630 shares of the basic materials company’s stock valued at $3,961,000 after acquiring an additional 17,130 shares during the period. Deutsche Bank AG increased its position in shares of Terra Nitrogen by 76.0% in the 4th quarter. Deutsche Bank AG now owns 57,207 shares of the basic materials company’s stock valued at $4,565,000 after acquiring an additional 24,707 shares during the period. Finally, Mizuho Securities USA LLC acquired a new position in shares of Terra Nitrogen in the 1st quarter valued at $7,151,000. Institutional investors own 3.53% of the company’s stock.

NYSE TNH opened at $83.96 on Friday. Terra Nitrogen Company, L.P. has a 1 year low of $75.20 and a 1 year high of $98.76. The firm has a market capitalization of $1.55 billion, a P/E ratio of 14.58 and a beta of -0.03.

Terra Nitrogen 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.

See Also: Book Value Per Share – BVPS

Institutional Ownership by Quarter for Terra Nitrogen (NYSE:TNH)

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