Share on Stocktwits Advisors Asset Management Inc. raised its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 37.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 11,141 shares of the electric vehicle producer’s stock after acquiring an additional 3,063 shares during the quarter. Advisors Asset Management Inc.’s holdings in Tesla were worth $4,955,000 as of its most recent filing with the Securities and Exchange Commission. Get Tesla alerts: Several other hedge funds and other institutional investors have also made changes to their positions in TSLA. Brighton Jones LLC grew its stake in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after purchasing an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after buying an additional 931 shares in the last quarter. Bison Wealth LLC increased its stake in Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after buying an additional 3,558 shares during the period. Sivia Capital Partners LLC increased its stake in Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after buying an additional 1,011 shares during the period. Finally, AGP Franklin LLC lifted its stake in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after acquiring an additional 851 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of research analysts recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research note on Thursday, January 29th. CICC Research lifted their price target on Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Glj Research restated a “sell” rating on shares of Tesla in a report on Thursday, January 29th. Morgan Stanley set a $415.00 target price on Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Finally, New Street Research boosted their price target on shares of Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $408.09.