Share on Stocktwits Kingswood Wealth Advisors LLC boosted its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,052 shares of the electric vehicle producer’s stock after acquiring an additional 1,390 shares during the period. Tesla accounts for about 0.8% of Kingswood Wealth Advisors LLC’s holdings, making the stock its 20th biggest position. Kingswood Wealth Advisors LLC’s holdings in Tesla were worth $12,920,000 as of its most recent filing with the Securities & Exchange Commission. Get Tesla alerts: A number of other hedge funds also recently added to or reduced their stakes in TSLA. Brighton Jones LLC lifted its holdings in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC lifted its stake in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after acquiring an additional 3,558 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Tesla by 55.3% during the first quarter. Jones Financial Companies Lllp now owns 239,337 shares of the electric vehicle producer’s stock worth $63,064,000 after acquiring an additional 85,208 shares during the period. Finally, Modern Wealth Management LLC raised its holdings in Tesla by 58.6% during the first quarter. Modern Wealth Management LLC now owns 15,043 shares of the electric vehicle producer’s stock worth $3,898,000 after purchasing an additional 5,557 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of brokerages have weighed in on TSLA. Baird R W raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. Industrial Alliance Securities set a $300.00 price target on Tesla in a research note on Monday, October 13th. Cowen reiterated a “buy” rating on shares of Tesla in a research report on Monday, November 17th. JPMorgan Chase & Co. restated a “sell” rating on shares of Tesla in a research report on Monday, January 5th. Finally, UBS Group reaffirmed a “sell” rating and set a $247.00 price target on shares of Tesla in a research note on Monday, January 5th. One investment 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $408.54.