Share on Stocktwits Atalanta Sosnoff Capital LLC cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 0.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,908 shares of the electric vehicle producer’s stock after selling 1,155 shares during the period. Atalanta Sosnoff Capital LLC’s holdings in Tesla were worth $38,725,000 at the end of the most recent quarter. Get Tesla alerts: Several other hedge funds have also modified their holdings of TSLA. Siren L.L.C. acquired a new stake in Tesla during the first quarter worth $2,332,000. Zuckerman Investment Group LLC lifted its holdings in shares of Tesla by 6.9% during the 1st quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer’s stock worth $3,304,000 after acquiring an additional 826 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its position in shares of Tesla by 5.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock valued at $135,688,000 after acquiring an additional 22,607 shares in the last quarter. Keystone Global Partners LLC bought a new stake in Tesla in the first quarter valued at about $594,000. Finally, Strs Ohio bought a new stake in Tesla in the first quarter valued at about $205,495,000. 66.20% of the stock is owned by hedge funds and other institutional investors. Tesla Trading Down 1.0% Shares of NASDAQ TSLA opened at $391.09 on Monday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $488.54. The stock has a market cap of $1.30 trillion, a price-to-earnings ratio of 260.73, a P/E/G ratio of 16.84 and a beta of 2.06. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. The company’s fifty day moving average is $433.55 and its 200-day moving average is $365.56. Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.Tesla’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 EPS. Equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Ratings Changes Several brokerages have recently commented on TSLA. CICC Research boosted their target price on shares of Tesla from $360.00 to $450.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. BNP Paribas Exane started coverage on shares of Tesla in a report on Thursday, October 16th. They set an “underperform” rating and a $307.00 price target for the company. Dbs Bank raised shares of Tesla to a “hold” rating in a research note on Wednesday, November 5th. Melius started coverage on shares of Tesla in a report on Monday, October 13th. They set a “buy” rating and a $520.00 price objective for the company. Finally, DZ Bank reissued a “sell” rating on shares of Tesla in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have issued a Hold rating and ten have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $394.31.