Share on Stocktwits Clear Creek Financial Management LLC increased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 15.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,778 shares of the electric vehicle producer’s stock after buying an additional 2,693 shares during the period. Tesla accounts for about 0.8% of Clear Creek Financial Management LLC’s investment portfolio, making the stock its 25th biggest position. Clear Creek Financial Management LLC’s holdings in Tesla were worth $8,796,000 at the end of the most recent reporting period. Get Tesla alerts: Several other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Tesla in the second quarter valued at $11,839,824,000. Vanguard Group Inc. lifted its position in Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares during the last quarter. Amundi grew its stake in shares of Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after buying an additional 3,422,270 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Tesla by 38.3% in the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after buying an additional 3,021,550 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after buying an additional 1,269,304 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Tesla Price Performance Shares of TSLA stock opened at $411.71 on Friday. The company has a market capitalization of $1.54 trillion, a P/E ratio of 381.21, a P/E/G ratio of 14.48 and a beta of 1.86. The company’s 50-day simple moving average is $441.59 and its two-hundred day simple moving average is $416.81. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Wall Street Analysts Forecast Growth Several research firms recently commented on TSLA. BNP Paribas Exane lifted their price target on Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. JPMorgan Chase & Co. dropped their target price on Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a report on Friday, January 30th. Cantor Fitzgerald reissued an “overweight” rating and set a $510.00 target price on shares of Tesla in a research report on Thursday, January 29th. New Street Research raised their price target on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Dbs Bank upgraded shares of Tesla to a “hold” rating in a research report on Wednesday, November 5th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $408.09.