Image from MarketBeat Media, LLC. Westpac Banking Corp grew its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,201 shares of the electric vehicle producer's stock after buying an additional 3,049 shares during the quarter. Tesla makes up 1.3% of Westpac Banking Corp's portfolio, making the stock its 9th biggest holding. Westpac Banking Corp's holdings in Tesla were worth $21,436,000 as of its most recent filing with the Securities & Exchange Commission. Get Tesla alerts: Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal? Other large investors have also recently made changes to their positions in the company. Narwhal Capital Management lifted its position in Tesla by 32.8% in the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after buying an additional 2,350 shares during the last quarter. Norges Bank acquired a new stake in shares of Tesla during the second quarter worth $11,839,824,000. Police & Firemen s Retirement System of New Jersey increased its holdings in Tesla by 5.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock worth $135,688,000 after buying an additional 22,607 shares during the period. China Universal Asset Management Co. Ltd. raised its position in Tesla by 8.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock worth $21,571,000 after acquiring an additional 3,935 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its stake in Tesla by 26.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock valued at $8,019,000 after acquiring an additional 3,724 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In TSLA has been the topic of a number of analyst reports. DZ Bank reaffirmed a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research note on Tuesday, January 27th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $405.00 price objective on shares of Tesla in a research report on Thursday, January 29th. UBS Group increased their price target on Tesla from $307.00 to $352.00 and gave the stock a "sell" rating in a report on Thursday, January 29th. Finally, Barclays reissued a "neutral" rating on shares of Tesla in a research note on Wednesday, February 18th. Eighteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company's stock. According to MarketBeat, Tesla presently has an average rating of "Hold" and an average price target of $408.09.