San Francisco Sentry Investment Group CA grew its position in shares of Tesla Inc (NASDAQ:TSLA) by 37.8% in the 4th quarter, HoldingsChannel reports. The fund owned 828 shares of the electric vehicle producer’s stock after buying an additional 227 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Tesla were worth $258,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rikoon Group LLC grew its holdings in Tesla by 7.8% during the second quarter. Rikoon Group LLC now owns 691 shares of the electric vehicle producer’s stock worth $249,000 after buying an additional 50 shares in the last quarter. Advisory Services Network LLC grew its holdings in Tesla by 21.6% during the second quarter. Advisory Services Network LLC now owns 534 shares of the electric vehicle producer’s stock worth $193,000 after buying an additional 95 shares in the last quarter. Gofen & Glossberg LLC IL grew its holdings in Tesla by 13.6% during the second quarter. Gofen & Glossberg LLC IL now owns 1,037 shares of the electric vehicle producer’s stock worth $375,000 after buying an additional 124 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Tesla by 20.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 900 shares of the electric vehicle producer’s stock worth $306,000 after buying an additional 150 shares in the last quarter. Finally, Nippon Life Insurance Co. grew its holdings in Tesla by 3.4% during the third quarter. Nippon Life Insurance Co. now owns 4,620 shares of the electric vehicle producer’s stock worth $1,576,000 after buying an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 57.49% of the company’s stock.

Several research analysts have weighed in on TSLA shares. Vetr raised Tesla from a “hold” rating to a “buy” rating and set a $339.63 price objective on the stock in a research report on Monday. UBS Group set a $195.00 price objective on Tesla and gave the stock a “sell” rating in a research report on Friday. ValuEngine raised Tesla from a “sell” rating to a “hold” rating in a research report on Thursday. Sanford C. Bernstein set a $265.00 price objective on Tesla and gave the stock a “neutral” rating in a research report on Thursday. Finally, Dougherty & Co boosted their price objective on Tesla from $340.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday. Twelve investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $322.45.

Tesla Inc (TSLA) opened at $310.42 on Monday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.71. Tesla Inc has a one year low of $242.01 and a one year high of $389.61.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, February 7th. The electric vehicle producer reported ($3.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($3.12) by $0.08. The business had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.26 billion. Tesla had a negative return on equity of 32.11% and a negative net margin of 16.68%. The company’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.69) EPS. equities research analysts predict that Tesla Inc will post -6.87 EPS for the current year.

In other Tesla news, VP Eric Branderiz sold 1,229 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $312.61, for a total value of $384,197.69. Following the transaction, the vice president now directly owns 4,808 shares in the company, valued at approximately $1,503,028.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimbal Musk sold 4,065 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $312.08, for a total value of $1,268,605.20. Following the completion of the transaction, the director now owns 154,589 shares in the company, valued at $48,244,135.12. The disclosure for this sale can be found here. Insiders sold a total of 10,231 shares of company stock worth $3,292,431 over the last 90 days. Corporate insiders own 23.10% of the company’s stock.

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Tesla Profile

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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