'Visitor Group name sees' doesn't display if set for content in Content Area property

Description

Steps to reproduce

1. Drag and drop a content (blog or page) into the Content Area property of Standard Page type.
2. Click on the property.
3. Set personalize for 1 visitor group.
4. Close the property dialog.
5. Click on the property again.
6. Notice that 'Visitor Group name sees' doesn't display at property dialog, 'Everyone sees" displays

Expected result: 'Visitor Group name sees' text displays.

Actual result: 'Everyone sees' text displays.