On the 31st of December, Cohen & Steers (NYSE:CNS) Inc. added 28 million Healthpeak Properties Inc (NYSE:PEAK) shares for $841 million at an average price of $30.23 per share. Shares of Healthpeak Properties Inc are down -5.43% since the transaction.
Cohen & Steers Inc. 's holding in Healthpeak Properties Inc increased to about 57 million shares with the purchase.
Cohen & Steers Inc. first bought Healthpeak Properties Inc stock in the first quarter of 2015. Cohen & Steers Inc. also owns Public Storage (NYSE:PSA), Simon Property Group Inc (NYSE:SPG), Welltower Inc (NYSE:WELL) and Essex Property Trust Inc (NYSE:ESS). Healthpeak Properties Inc is its number three position by number of shares and market value among real estate investment trusts stocks.
Other investors who also added to their Healthpeak Properties Inc shares include Eaton Vance (NYSE:EV) Management, Manning & Napier Group, and Centersquare Investment Management. In contrast, Barrow, Hanley, Mewhinney & Strauss, California State Teachers Retirement System, and Citigroup (NYSE:C) reduced PEAK shares, while Bridgewater Associates sold all their PEAK shares.
Cohen & Steers Inc. has also recently reduced their share in Agree Realty Corp (NYSE:ADC) and Kilroy Realty Corp (NYSE:KRC). The total value of the shares sold is estimated at around $347 million.
In addition, Cohen & Steers Inc. added to their share in VEREIT Inc (NYSE:VER). The total value of the shares bought is estimated at around $601 million.
Cohen & Steers Inc. also added to their share in Healthcare Trust of America Inc (HTA) and CyrusOne Inc (NASDAQ:CONE). The total value of the shares bought is estimated at around $1.3 billion.