Share on Stocktwits Carter Financial Group INC. acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 4,617 shares of the electric vehicle producer’s stock, valued at approximately $1,467,000. Tesla comprises about 1.0% of Carter Financial Group INC.’s holdings, making the stock its 26th largest position. Get Tesla alerts: Other institutional investors and hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new position in Tesla in the 2nd quarter worth about $26,000. Chelsea Counsel Co. increased its position in shares of Tesla by 59.7% during the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 40 shares during the period. LGT Financial Advisors LLC bought a new stake in shares of Tesla during the second quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the second quarter valued at approximately $30,000. Finally, ESL Trust Services LLC grew its stake in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of equities research analysts have weighed in on TSLA shares. Mizuho set a $475.00 target price on Tesla and gave the company an “outperform” rating in a research report on Tuesday, November 25th. New Street Research lifted their price objective on Tesla from $465.00 to $520.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Stifel Nicolaus upped their price objective on shares of Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. BNP Paribas raised their target price on shares of Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. Finally, Dbs Bank upgraded shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla has a consensus rating of “Hold” and an average price target of $399.33.