Image from MarketBeat Media, LLC. Key Points Aegis Wealth Management opened a new Tesla position in the fourth quarter, buying 2,180 shares valued at about $980,000. Tesla now makes up roughly 0.8% of the firm’s holdings. Institutional ownership in Tesla remains heavy, with firms like Vanguard, State Street, and Capital World Investors all increasing their stakes. Overall, institutions own about 66.2% of Tesla’s stock. Tesla’s latest earnings topped EPS expectations, but revenue came in below estimates; analysts currently rate the stock as a Hold on average, with an average target price of $395.20. ';ad_container.style.height='auto';}},3000);TSLA: 3 Reasons the Stock Could Hit $400 in May Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same period in the previous year, the firm earned $0.27 earnings per share. The company's revenue was up 15.8% on a year-over-year basis. As a group, equities analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current year. Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on TSLA shares. Benchmark restated a "buy" rating on shares of Tesla in a research report on Wednesday, February 11th. China Renaissance dropped their target price on Tesla from $382.00 to $372.00 and set a "hold" rating for the company in a research report on Monday, April 27th. Tigress Financial started coverage on Tesla in a research report on Monday, April 27th. They set a "buy" rating for the company. Bank of America began coverage on Tesla in a research report on Wednesday, March 4th. They set a "buy" rating and a $460.00 target price for the company. Finally, Jefferies Financial Group reaffirmed a "neutral" rating on shares of Tesla in a research note on Wednesday, April 22nd. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $395.20.