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ExodusPoint Capital Management LPs purchased 199,923 shares of Uniti Group Inc. for approximately $710,000. The decision to invest in this real estate investment trust highlights the attractiveness and viability. Uniti Group is a REIT with about 135,000 route miles of fiber in the U.S. Uniti Group Inc is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. The company has witnessed a decline in its earnings before interest, taxes, depreciation, and amortization. Uniti Group Inc. pays a dividend of $0.60 per share. UNITs dividend is higher than the US industry average of 5.41% and it is higher the US market average of 4.55%. ExodusPoint Capital Management LP purchased a new position in Uniti Group Inc. (NASDAQ:UNIT) Royal Bank of Canada restated a “sector perform” rating and set a $5.00 price objective.
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