Share on Stocktwits BIP Wealth LLC increased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 102.7% in the third quarter, HoldingsChannel.com reports. The fund owned 9,211 shares of the electric vehicle producer’s stock after buying an additional 4,666 shares during the period. BIP Wealth LLC’s holdings in Tesla were worth $4,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Tesla alerts: Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after buying an additional 4,502,976 shares during the last quarter. Geode Capital Management LLC lifted its stake in Tesla by 2.0% during the 2nd 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 acquiring an additional 1,269,304 shares during the period. Norges Bank purchased a new stake in shares of Tesla in the 2nd quarter valued at $11,839,824,000. Legal & General Group Plc increased its stake in shares of 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 during the period. Finally, Amundi raised its holdings in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Analyst Upgrades and Downgrades Several equities research analysts have weighed in on TSLA shares. New Street Research increased their price target on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Wedbush reaffirmed an “outperform” rating and set a $600.00 target price on shares of Tesla in a report on Monday, December 15th. Melius Research set a $520.00 price target on Tesla and gave the company a “buy” rating in a report on Monday, October 13th. Cantor Fitzgerald set a $510.00 price objective on Tesla and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, UBS Group reaffirmed a “sell” rating and set a $307.00 target price (up from $247.00) on shares of Tesla in a report on Wednesday, January 14th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $410.77.