Share on Stocktwits DNB Asset Management AS raised its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 26.0% during the third quarter, Holdings Channel.com reports. The firm owned 807,978 shares of the electric vehicle producer’s stock after buying an additional 166,531 shares during the period. Tesla accounts for about 1.3% of DNB Asset Management AS’s holdings, making the stock its 12th largest holding. DNB Asset Management AS’s holdings in Tesla were worth $359,324,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Tesla in the 2nd quarter valued at $11,839,824,000. Vanguard Group Inc. boosted its holdings in shares of Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares during the last quarter. Amundi increased its stake in Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the last quarter. Jennison Associates LLC lifted its position in Tesla by 38.3% during the third 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 period. Finally, Geode Capital Management LLC boosted its stake in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In TSLA has been the subject of a number of research analyst reports. Truist Financial dropped their price objective on shares of Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a research note on Thursday, January 29th. TD Cowen upped their price target on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the company an “equal weight” rating in a report on Thursday, January 29th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, January 29th. Finally, Mizuho set a $540.00 target price on Tesla and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $408.09.