Awww how adorable!

Well obviously it's just his godfather in animagus form.

Shhh...dont let the muggles find out!

I christen you Teddy
A, it's a character
B, he looks cuddly like a teddy
C, HE JUST LOOKS SO FREAKING CUDDLY AND SNUGGLY

It's his animagus godparent you guys.