Image from MarketBeat Media, LLC. Caprock Group LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 66,086 shares of the electric vehicle producer's stock, valued at approximately $29,390,000. Tesla accounts for approximately 0.7% of Caprock Group LLC's portfolio, making the stock its 26th biggest position. Get Tesla alerts: MarketBeat Week in Review – 02/02 - 02/06 Other hedge funds have also modified their holdings of the company. Chapman Financial Group LLC acquired a new stake in Tesla in the 2nd quarter valued at about $26,000. LGT Financial Advisors LLC purchased a new stake in shares of Tesla during the second quarter worth approximately $29,000. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new position in Tesla in the second quarter worth approximately $30,000. Finally, ESL Trust Services LLC grew its holdings in Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after acquiring an additional 95 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a research report on Friday, January 30th. Barclays reaffirmed a "neutral" rating on shares of Tesla in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Tesla from $500.00 to $480.00 and set a "buy" rating on the stock in a report on Friday, January 30th. Canaccord Genuity Group set a $520.00 target price on Tesla in a research note on Thursday, January 29th. Finally, China Renaissance increased their price target on shares of Tesla from $380.00 to $382.00 and gave the company a "hold" rating in a research note on Monday, February 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat.com, Tesla currently has a consensus rating of "Hold" and a consensus price target of $403.92.