SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Health Care Property Investors, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
421915109
(CUSIP Number)
Check the following box if a fee is being paid with
this statement [ ]. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial
ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be"filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).
CUSIP No. 421915109 13G/A
1. Name of Reporting Person, SS or IRS
Identification No. of Above Person
Loomis, Sayles & Company, L.P.
I.R.S. Tax I.D. No. 04-3200030
2. Check the Appropriate Box if a Member of a Group*
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. Citizenship or Place of Organization: Delaware
5. Sole Voting Power: 1,728,750
6. Shared Voting Power: 1,900
7. Sole Dispositive Power: none
8. Shared Dispositive Power: 2,872,550
9. Aggregate Amount Beneficially
Owned by Each Reporting Person: 2,872,550
10. Check Box if the Aggregate Amount
in Row (9) Excludes Certain Shares*: [ ]
11. Percent of Class Represented
by Amount in Row 9: 10.0
12. Type or Reporting Person: IA
Item 1. (a) Name of Issuer:
Health Care Property Investors, Inc.
(b) Address of Issuer's Principal Executive Offices:
10990 Wilshire Blvd., Suite 1200,
Los Angeles, CA 90024
Item 2. (a) Name of Person Filing:
Loomis, Sayles & Company, L.P.
(b) Address of Principal Business Office or, if none,
Residence:
One Financial Center, Boston, MA 02111
(c) Citizenship: Delaware
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 421915109
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [X] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership.
If the percent of class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month
described in Rule 13d-1(b)(2), if applicable, exceeds five
percent, provide the following information as of that date
and identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned: 2,872,550
(b) Percent of Class: 10.0
(c) Number of shares as to which such person has:
(I) sole power to vote or to direct the vote: 1,728,750
(ii) shared power to vote or to direct the vote: 1,900
(iii)sole power to dispose or to direct
the disposition of: none
(iv) shared power to dispose or to direct
the disposition of: 2,872,550
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be
the beneficial owner of more than five percent of the
class of securities, check the following [ ].
Item 6. Ownership of more than Five Percent on Behalf
of Another Person.
If any other person is known to have the right to receive
or the power to direct the receipt of dividends from, or the
proceeds from the sale of, such securities, a statement to
that effect should be included in response to this item and,
if such interest relates to more than five percent of
the class, such person should be identified.
A listing of the shareholders of an investment
company registered under the Investment Company Act
of 1940 or the beneficiaries of employee benefit plan,
pension fund or endowment fund is not required.
Clients of Reporting Person have such a right, none of
whom has such interest relating to more than 5% of class.
Item 7. Identification and Classification of the Subsidiary
which Acquired the Security Being Reported on by the
Parent Holding Company
If a parent holding company has filed this schedule, pursuant
to Rule 13d-1(b)(ii)(G),so indicate under Item 3(g) and
attach an exhibit stating the identity and the Item 3
classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c),
attach an exhibit stating the identification of the
relevant subsidiary.
Not Applicable.
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item 3(h) and attach an exhibit stating the
identity and Item 3 classification of each member of the group.
If a group has filed this schedule pursuant to Rule 13d-1
attach an exhibit stating the identity of each member of the group.
Not Applicable.
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit
stating the date of dissolution and that all further filings
with respect to transactions in the security reported on will be
filed, if required, by members of the group, in their individual
capacity. See Item 5.
Not Applicable.
Item 10. Certification
The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
/s/Margaret W. Chambers, Esq.
Signature
DATE: August 8, 1997
Margaret W. Chambers, Vice President
