Share on Stocktwits AE Wealth Management LLC boosted its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 236,828 shares of the electric vehicle producer’s stock after buying an additional 13,788 shares during the quarter. AE Wealth Management LLC’s holdings in Tesla were worth $75,230,000 as of its most recent SEC filing. Get Tesla alerts: Several other institutional investors have also recently made changes to their positions in TSLA. Vanguard Group Inc. increased its holdings in Tesla by 1.5% during the first quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer’s stock worth $63,983,418,000 after buying an additional 3,694,524 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Tesla by 322.1% in the first quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer’s stock valued at $6,891,201,000 after acquiring an additional 20,291,139 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Tesla by 4.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 18,174,941 shares of the electric vehicle producer’s stock valued at $4,710,218,000 after acquiring an additional 849,091 shares during the period. Amundi raised its holdings in shares of Tesla by 29.4% in the 1st quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after purchasing an additional 3,814,610 shares during the period. Finally, Invesco Ltd. lifted its stake in Tesla by 17.6% in the 1st quarter. Invesco Ltd. now owns 14,786,414 shares of the electric vehicle producer’s stock valued at $3,832,047,000 after purchasing an additional 2,211,300 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Wall Street Analyst Weigh In A number of research firms recently weighed in on TSLA. UBS Group restated a “sell” rating on shares of Tesla in a research note on Friday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Tesla from $440.00 to $470.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research report on Thursday, October 23rd. Canaccord Genuity Group decreased their target price on Tesla from $490.00 to $482.00 and set a “buy” rating on the stock in a research report on Thursday, October 23rd. Finally, BNP Paribas Exane initiated coverage on Tesla in a report on Thursday, October 16th. They set an “underperform” rating and a $307.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and eleven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $391.08.