Whittier Trust Co Maintains Position in Tesla Mtrs INC Com (TSLA)

June 19, 2017 - By Maria Brooks

Investors sentiment increased to 1.68 in Q4 2016. Its up 0.83, from 0.85 in 2016Q3. It is positive, as 74 investors sold TSLA shares while 105 reduced holdings. 82 funds opened positions while 219 raised stakes. 100.51 million shares or 11.10% more from 90.47 million shares in 2016Q3 were reported. Brandywine Glob Invest Mgmt Limited Liability Corp has invested 0% of its portfolio in Tesla Inc (NASDAQ:TSLA). Synovus Fincl Corporation reported 0% in Tesla Inc (NASDAQ:TSLA). Beech Hill Advsrs stated it has 0.4% in Tesla Inc (NASDAQ:TSLA). Deutsche National Bank & Trust Ag holds 0.11% or 648,972 shares in its portfolio. Vantage Limited Liability Corp holds 0.18% or 2,039 shares in its portfolio. Firsthand Cap Mngmt reported 11,155 shares stake. Finemark National Bank & Trust And Tru reported 2,111 shares. Moreover, Smithfield has 0.02% invested in Tesla Inc (NASDAQ:TSLA) for 500 shares. Carroll Assoc Incorporated holds 0.01% in Tesla Inc (NASDAQ:TSLA) or 376 shares. Mizuho Usa reported 0.32% stake. Point72 Asia (Hong Kong) Ltd holds 0.99% of its portfolio in Tesla Inc (NASDAQ:TSLA) for 4,646 shares. Raymond James Fincl Svcs stated it has 21,216 shares. California Employees Retirement Systems invested 0.11% in Tesla Inc (NASDAQ:TSLA). Fifth Third Bancorp holds 9,419 shares or 0.02% of its portfolio. Kbc Gru Nv owns 24,809 shares.

Since January 3, 2017, it had 1 insider purchase, and 14 selling transactions for $24.49 million activity. $630,988 worth of Tesla Inc (NASDAQ:TSLA) shares were sold by Musk Kimbal. FIELD JOHN DOUGLAS sold $228,613 worth of Tesla Inc (NASDAQ:TSLA) on Tuesday, January 10. $6.24 million worth of Tesla Inc (NASDAQ:TSLA) was sold by DENHOLM ROBYN M on Monday, May 8. Shares for $33.58 million were sold by Straubel Jeffrey B on Monday, May 8. 5,600 shares were sold by Gracias Antonio J., worth $1.42 million. The insider Musk Elon bought $25.00 million.

Whittier Trust Co increased its stake in Tesla Mtrs Inc Com (TSLA) by 5079.03% based on its latest 2016Q4 regulatory filing with the SEC. Whittier Trust Co bought 25,192 shares as the company’s stock rose 14.18% with the market. The institutional investor held 25,688 shares of the capital goods company at the end of 2016Q4, valued at $5.49M, up from 496 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Tesla Mtrs Inc Com for a number of months, seems to be bullish on the $60.37 billion market cap company. The stock rose 0.81% or $3 reaching $374.4 per share. About 47,940 shares traded. Tesla Inc (NASDAQ:TSLA) has risen 44.43% since June 19, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

Whittier Trust Co, which manages about $2.35B US Long portfolio, decreased its stake in Apple Computer Inc Com (NASDAQ:AAPL) by 29,459 shares to 440,218 shares, valued at $50.99M in 2016Q4, according to the filing. It also reduced its holding in Amgen Inc Com (NASDAQ:AMGN) by 36,966 shares in the quarter, leaving it with 32,960 shares, and cut its stake in Activision Blizzard Inc Com (NASDAQ:ATVI).

More notable recent Tesla Inc (NASDAQ:TSLA) news were published by: Livetradingnews.com which released: “Tesla Inc (NASDAQ:TSLA) Model 3 Battery Gigafactory” on June 19, 2017, also Fool.com with their article: “Tesla Inc.’s Autopilot Is About to Get Much Better” published on June 09, 2017, Investorplace.com published: “Tesla Inc (TSLA) Stock Is Priced for Perfection … For the Year 2022” on June 16, 2017. More interesting news about Tesla Inc (NASDAQ:TSLA) were released by: Fool.com and their article: “Tesla, Inc. Surpasses BMW’s Market Value” published on June 13, 2017 as well as Seekingalpha.com‘s news article titled: “There’s A Musk Call Option In Tesla’s Stock Price” with publication date: June 15, 2017.

Tesla Inc (NASDAQ:TSLA) Ratings Coverage

Among 24 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 10 have Buy rating, 4 Sell and 10 Hold. Therefore 42% are positive. Tesla Motors Inc has $500 highest and $140 lowest target. $271.29’s average target is -27.54% below currents $374.4 stock price. Tesla Motors Inc had 65 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 27 report. The firm has “Outperform” rating given on Tuesday, September 8 by Oppenheimer. The stock of Tesla Inc (NASDAQ:TSLA) earned “Underweight” rating by JP Morgan on Tuesday, April 19. The firm has “Strong-Buy” rating by Vetr given on Friday, August 28. The stock of Tesla Inc (NASDAQ:TSLA) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, October 6. The stock of Tesla Inc (NASDAQ:TSLA) has “Buy” rating given on Monday, May 9 by Dougherty & Company. The company was maintained on Wednesday, July 6 by Pacific Crest. As per Friday, August 7, the company rating was maintained by Goldman Sachs. As per Monday, May 15, the company rating was downgraded by Morgan Stanley. Credit Suisse maintained Tesla Inc (NASDAQ:TSLA) rating on Thursday, February 11. Credit Suisse has “Outperform” rating and $240 target.

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