Share on Stocktwits Childress Capital Advisors LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 56.6% during the third quarter, Holdings Channel reports. The fund owned 16,846 shares of the electric vehicle producer’s stock after acquiring an additional 6,088 shares during the quarter. Tesla comprises about 1.4% of Childress Capital Advisors LLC’s holdings, making the stock its 15th biggest holding. Childress Capital Advisors LLC’s holdings in Tesla were worth $7,492,000 at the end of the most recent quarter. Get Tesla alerts: A number of other institutional investors and hedge funds have also bought and sold shares of TSLA. Park Avenue Securities LLC grew its position in shares of Tesla by 12.1% in the third quarter. Park Avenue Securities LLC now owns 111,789 shares of the electric vehicle producer’s stock valued at $49,715,000 after purchasing an additional 12,094 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in Tesla by 6.3% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 1,098,110 shares of the electric vehicle producer’s stock valued at $488,351,000 after purchasing an additional 64,600 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its holdings in Tesla by 766.3% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,839 shares of the electric vehicle producer’s stock valued at $2,597,000 after buying an additional 5,165 shares in the last quarter. New Century Financial Group LLC bought a new position in Tesla during the 3rd quarter worth $230,000. Finally, Sather Financial Group Inc lifted its holdings in shares of Tesla by 4.4% during the third quarter. Sather Financial Group Inc now owns 1,764 shares of the electric vehicle producer’s stock worth $784,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Analyst Upgrades and Downgrades A number of research firms recently commented on TSLA. Deutsche Bank Aktiengesellschaft raised their price target on shares of Tesla from $470.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Piper Sandler reiterated an “overweight” rating and issued a $500.00 price target on shares of Tesla in a research report on Thursday. Wall Street Zen raised Tesla from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Canaccord Genuity Group raised their price objective on Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research note on Tuesday, December 23rd. Finally, Morgan Stanley set a $425.00 target price on Tesla and gave the company an “equal weight” rating in a research report on Sunday, December 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and an average price target of $408.54.