Share on Stocktwits Cwm LLC boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 6.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 374,543 shares of the electric vehicle producer’s stock after acquiring an additional 22,757 shares during the period. Cwm LLC’s holdings in Tesla were worth $166,567,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds and other institutional investors have also bought and sold shares of TSLA. Vanguard Group Inc. boosted its position in shares of Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC raised its stake in Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. Norges Bank purchased a new position in Tesla during the second quarter valued at $11,839,824,000. Legal & General Group Plc boosted its holdings in Tesla by 5.9% in the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after acquiring an additional 1,134,678 shares in the last quarter. Finally, Amundi grew its stake in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Tesla Trading Down 2.1% NASDAQ:TSLA opened at $475.19 on Friday. The company has a market cap of $1.58 trillion, a PE ratio of 316.79, a price-to-earnings-growth ratio of 12.26 and a beta of 1.87. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The company has a 50 day simple moving average of $444.97 and a two-hundred day simple moving average of $386.47. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the business posted $0.72 EPS. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year. Analysts Set New Price Targets Several equities analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Wedbush reaffirmed an “outperform” rating and issued a $600.00 target price on shares of Tesla in a report on Monday, December 15th. Benchmark reiterated a “buy” rating on shares of Tesla in a report on Thursday, October 23rd. Dbs Bank upgraded shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. Finally, Canaccord Genuity Group increased their target price on Tesla from $482.00 to $551.00 and gave the company a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $414.50.