Share on Stocktwits Blue Zone Wealth Advisors LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 18.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,310 shares of the electric vehicle producer’s stock after acquiring an additional 1,766 shares during the quarter. Blue Zone Wealth Advisors LLC’s holdings in Tesla were worth $5,030,000 at the end of the most recent reporting period. Get Tesla alerts: Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Tesla in the second quarter valued at $11,839,824,000. Kingstone Capital Partners Texas LLC boosted its holdings in Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer’s stock valued at $2,044,683,000 after acquiring an additional 6,435,598 shares during the period. Vanguard Group Inc. grew its position in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Amundi increased its stake in Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock worth $4,482,789,000 after purchasing an additional 3,814,610 shares during the period. Finally, Caxton Associates LLP acquired a new stake in shares of Tesla during the first quarter worth about $469,339,000. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla Stock Performance Shares of TSLA stock opened at $475.19 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The firm has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 316.79, a price-to-earnings-growth ratio of 12.26 and a beta of 1.87. The company has a 50 day moving average price of $444.97 and a 200 day moving average price of $386.47. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the prior year, the company posted $0.72 EPS. Tesla’s quarterly revenue was up 11.6% on a year-over-year basis. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Analysts Set New Price Targets A number of research firms recently issued reports on TSLA. TD Cowen lifted their target price on Tesla from $374.00 to $509.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft increased their price target on Tesla from $470.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Baird R W upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 19th. Dbs Bank raised shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. Finally, Barclays reiterated a “neutral” rating and set a $350.00 price target on shares of Tesla in a report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $414.50.