Deutsche Bank AG lowered its position in ACM Research Inc (NASDAQ:ACMR) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,007 shares of the specialty retailer’s stock after selling 5,729 shares during the quarter. Deutsche Bank AG’s holdings in ACM Research were worth $118,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. increased its position in shares of ACM Research by 1.3% in the fourth quarter. BlackRock Inc. now owns 410,562 shares of the specialty retailer’s stock valued at $4,467,000 after buying an additional 5,284 shares in the last quarter. Vanguard Group Inc increased its position in shares of ACM Research by 70.3% in the third quarter. Vanguard Group Inc now owns 279,837 shares of the specialty retailer’s stock valued at $3,098,000 after buying an additional 115,563 shares in the last quarter. Vanguard Group Inc. increased its position in shares of ACM Research by 70.3% in the third quarter. Vanguard Group Inc. now owns 279,837 shares of the specialty retailer’s stock valued at $3,098,000 after buying an additional 115,563 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of ACM Research by 65.7% in the fourth quarter. Bank of New York Mellon Corp now owns 27,695 shares of the specialty retailer’s stock valued at $301,000 after buying an additional 10,985 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of ACM Research by 5.2% in the fourth quarter. Geode Capital Management LLC now owns 77,179 shares of the specialty retailer’s stock valued at $839,000 after buying an additional 3,782 shares in the last quarter. Institutional investors and hedge funds own 10.32% of the company’s stock.

A number of research analysts have recently weighed in on the company. Zacks Investment Research cut ACM Research from a “buy” rating to a “hold” rating in a research report on Monday, March 11th. Craig Hallum restated a “buy” rating and issued a $25.00 price target (up previously from $20.00) on shares of ACM Research in a research report on Thursday, May 9th. ValuEngine upgraded ACM Research from a “hold” rating to a “buy” rating in a research report on Tuesday, March 19th. Finally, Benchmark restated a “buy” rating and issued a $16.00 price target on shares of ACM Research in a research report on Friday, March 8th.

Shares of ACMR stock opened at $18.46 on Tuesday. ACM Research Inc has a fifty-two week low of $9.02 and a fifty-two week high of $21.88. The firm has a market capitalization of $273.43 million, a PE ratio of 27.51 and a beta of -0.30. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.03 and a quick ratio of 1.17.

ACM Research (NASDAQ:ACMR) last posted its quarterly earnings data on Tuesday, May 7th. The specialty retailer reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.12. The firm had revenue of $20.48 million during the quarter, compared to analysts’ expectations of $17.50 million. ACM Research had a return on equity of 25.10% and a net margin of 13.13%. As a group, sell-side analysts anticipate that ACM Research Inc will post 0.51 earnings per share for the current fiscal year.

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About ACM Research

ACM Research, Inc, together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces in a uniform manner on a microscopic level; timely energized bubble oscillation cleaning equipment for two-dimensional and three-dimensional patterned wafers at advanced process nodes; and custom-made wafer assembly and packaging equipment.

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Institutional Ownership by Quarter for ACM Research (NASDAQ:ACMR)

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