Image from MarketBeat Media, LLC. Key Points Securian Asset Management cut its Tesla stake by 43.6% in the fourth quarter, selling 59,113 shares and ending with 76,408 shares worth about $34.4 million. Wall Street remains mixed on Tesla: analysts currently have an overall Hold rating, with an average price target of $398.42, though several firms still maintain bullish targets. Tesla’s latest quarterly results showed EPS of $0.41, topping estimates, while revenue came in at $22.39 billion, below expectations but still up 15.8% year over year. TSLA: 3 Reasons the Stock Could Hit $400 in May Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Narwhal Capital Management lifted its holdings in shares of Tesla by 32.8% during the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after acquiring an additional 2,350 shares during the period. Crestwood Advisors Group LLC lifted its holdings in shares of Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer's stock worth $8,799,000 after acquiring an additional 5,039 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock worth $14,487,000 after acquiring an additional 7,446 shares during the period. Calamos Wealth Management LLC lifted its holdings in shares of Tesla by 5.9% during the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer's stock worth $18,846,000 after acquiring an additional 2,341 shares during the period. Finally, China Universal Asset Management Co. Ltd. lifted its holdings in shares of Tesla by 8.8% during the 3rd 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. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: