Share on Stocktwits Amalgamated Bank increased its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 620,858 shares of the electric vehicle producer’s stock after buying an additional 7,332 shares during the quarter. Tesla comprises approximately 2.0% of Amalgamated Bank’s portfolio, making the stock its 8th largest holding. Amalgamated Bank’s holdings in Tesla were worth $276,108,000 as of its most recent SEC filing. Get Tesla alerts: Other institutional investors also recently added to or reduced their stakes in the company. Oak Ridge Investments LLC raised its holdings in shares of Tesla by 4.8% in the 3rd quarter. Oak Ridge Investments LLC now owns 83,380 shares of the electric vehicle producer’s stock worth $37,081,000 after buying an additional 3,796 shares in the last quarter. Tred Avon Family Wealth LLC acquired a new stake in Tesla in the 3rd quarter valued at $653,000. FSR Wealth Management Ltd. bought a new stake in Tesla in the third quarter valued at $251,000. Fiduciary Family Office LLC acquired a new position in Tesla during the third quarter worth $212,000. Finally, Nippon Life Global Investors Americas Inc. lifted its holdings in shares of Tesla by 32.2% during the third quarter. Nippon Life Global Investors Americas Inc. now owns 90,570 shares of the electric vehicle producer’s stock valued at $40,278,000 after acquiring an additional 22,060 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds. Tesla Stock Performance Shares of Tesla stock opened at $419.25 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The firm has a market cap of $1.39 trillion, a price-to-earnings ratio of 279.50, a price-to-earnings-growth ratio of 7.44 and a beta of 1.83. The stock’s 50-day moving average is $442.95 and its 200-day moving average is $401.64. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 earnings per share. Equities analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla News Summary