For the loopback (127.0.0.1) the remote address should resolve to “localhost” or the name of your computer which is “Device Name,” “System Name” or “Computer Name” depending on which utility you’re using to parse that info.
Run “System Information” (msinfo32.exe) to check what your system name is. That and localhost should be what 127.0.0.1 resolves to.
If your computer name is that real or not FQDN (fully qualified domain name) it is, in my experience, unusual unless your proxy settings might point to that or, as Ken suggests, your hosts file has been edited, the latter being really unusual. These days hosts file manipulation is the purview of hard-core networking geeks or nefarious processes.
TCPView here shows all the resolved 127.0.0.1 addresses as my system name; default hosts file and no proxy: