Share on Stocktwits BCS Wealth Management increased its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 106.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,562 shares of the electric vehicle producer’s stock after buying an additional 1,834 shares during the quarter. BCS Wealth Management’s holdings in Tesla were worth $1,602,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other institutional investors and hedge funds also recently made changes to their positions in TSLA. Holocene Advisors LP boosted its holdings in shares of Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock worth $2,738,141,000 after buying an additional 3,505,000 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Tesla by 38.3% in 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 last quarter. Capital World Investors boosted its holdings in shares of Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after buying an additional 2,403,019 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Tesla by 788.2% during the fourth quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer’s stock valued at $551,598,000 after purchasing an additional 1,088,437 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Tesla by 0.4% during the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock valued at $112,241,237,000 after purchasing an additional 995,623 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Wall Street Analysts Forecast Growth Several equities analysts have weighed in on the stock. China Renaissance lifted their price target on shares of Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a report on Monday, February 2nd. 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. Mizuho set a $540.00 price target on shares of Tesla and gave the company an “outperform” rating in a report on Thursday, January 29th. Glj Research reissued a “sell” rating on shares of Tesla in a report on Monday, March 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 target price on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla has an average rating of “Hold” and an average price target of $398.61.