Share on Stocktwits Hartford Investment Management Co. trimmed its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 2.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 164,408 shares of the electric vehicle producer’s stock after selling 4,637 shares during the quarter. Tesla comprises about 2.2% of Hartford Investment Management Co.’s portfolio, making the stock its 8th biggest holding. Hartford Investment Management Co.’s holdings in Tesla were worth $73,116,000 at the end of the most recent reporting period. Get Tesla alerts: Other hedge funds and other institutional investors have also made changes to their positions in the company. Narwhal Capital Management raised its position in Tesla by 32.8% in the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after purchasing an additional 2,350 shares in the last quarter. Norges Bank purchased a new position in Tesla in the second quarter worth approximately $11,839,824,000. Police & Firemen s Retirement System of New Jersey grew its holdings in Tesla by 5.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock worth $135,688,000 after acquiring an additional 22,607 shares in the last quarter. AustralianSuper Pty Ltd raised its holdings in shares of Tesla by 1,823.0% in the 2nd quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer’s stock valued at $21,704,000 after purchasing an additional 64,772 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Tesla by 20.0% during the third quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock worth $7,367,000 after purchasing an additional 2,765 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Analyst Ratings Changes TSLA has been the subject of a number of recent analyst reports. CICC Research lifted their price target on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Bank of America upped their price target on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research note on Thursday. President Capital dropped their target price on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Industrial Alliance Securities set a $300.00 price target on shares of Tesla in a research report on Monday, October 13th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $403.92.