Institutional Investors Weigh In On Tesla Several institutional investors and hedge funds have recently added to or reduced their stakes in TSLA. Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the third quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter valued at $29,000. Texas Capital Bancshares Inc TX bought a new position in shares of Tesla in the 3rd quarter valued at about $31,000. Westend Capital Management LLC acquired a new position in shares of Tesla during the 3rd quarter worth about $32,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Tesla in the 2nd quarter valued at about $26,000. 66.20% of the stock is owned by institutional investors. Tesla Price Performance The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 292.05, a P/E/G ratio of 7.00 and a beta of 1.83. The company’s 50 day moving average is $445.77 and its 200-day moving average is $391.34. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the prior year, the company earned $0.72 earnings per share. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. Equities research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. About Tesla